Dollar Index - Bearish Bat at weekly resistance
Bearish bat has formed and has quickly rejected the PRZ which is a good sign the pattern is valid.
MACD histogram divergence and huge weekly resistance is still in play. It could possibly be broken given its been tested so much
This is the first time using harmonics on the dollar index so I am not taking a large position. Most likely this is a necessary retracement of the dollar before we can make one final leg to finish 2018 as we begin to see signs we are at the end of the current business cycle
MACD histogram divergence and huge weekly resistance is still in play. It could possibly be broken given its been tested so much
This is the first time using harmonics on the dollar index so I am not taking a large position. Most likely this is a necessary retracement of the dollar before we can make one final leg to finish 2018 as we begin to see signs we are at the end of the current business cycle
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