The pair has formed a beautiful harmonic Deep Crab bullish pattern. With DXY continuing Bullish momentum if Inverse H&S is confirmed, we see:
1) The Price is set to continue rallying to point X at 104.1
2) Closing above 104.1 would instill Bulls confidence to continue to Pattern's full targets at B, C then finally A.
- The only risk is Japan's government intervention, so cautious is key trading the pair.
love, Lacasafxfamily
1) The Price is set to continue rallying to point X at 104.1
2) Closing above 104.1 would instill Bulls confidence to continue to Pattern's full targets at B, C then finally A.
- The only risk is Japan's government intervention, so cautious is key trading the pair.
love, Lacasafxfamily
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Related publications
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.