USDOLLAR: BREAKOUT OF BULLISH TRENDLINE? or ANOTHER BULL RUN?
Hello Enthusiast Forex Trader! Here's Long-term outlook for USDOLLAR , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)
*USDOLLAR creates a Descending Broadening Wedge pattern on Daily Timeframe
*USDOLLAR is moving above the Exponential EMA200 and bullish trendline
*Stochastic is pointing up in the neutral area, it could indicate a bullish momentum ahead.
*If the price exceeds the support area, it will invalid the roadmap and USDOLLAR can move in bearish phase/sideways
DISCLAIMER:
This isn't a recommendation to buy or sell currency pairs, only an Outlook from technical perspective.
*USDOLLAR creates a Descending Broadening Wedge pattern on Daily Timeframe
*USDOLLAR is moving above the Exponential EMA200 and bullish trendline
*Stochastic is pointing up in the neutral area, it could indicate a bullish momentum ahead.
*If the price exceeds the support area, it will invalid the roadmap and USDOLLAR can move in bearish phase/sideways
DISCLAIMER:
This isn't a recommendation to buy or sell currency pairs, only an Outlook from technical perspective.
Trade closed: target reached
USDOLLAR Achieved Target 1, see ya on the next roadmap :)Trade closed: target reached
ACHIEVED TARGET 2, GOOD LUCK ON YOUR WEEKEND GUYS :)
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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.
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.