DXY possibily is in process of forming H&S Pattern. 104 105 will be ideal zone for shorting for target upto 94 96 zones...
Note
Moving as expected...104 104.5 possibly this week and should reverse probably next week...Note
Target achieved on upside...Look for Shorting opportunities between 104.5 to 105 Stop 106.8Note
Perfect H&S pattern has completed...Didnt crossed 106 as expected...now 2 digit target 96 94 expected in coming monthsNote
BReakdown has happened and now retesting neckline...probably shouldnt cross 103.5 and should head towards 98
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.