USDOLLAR: DESCENDING BROADENING WEDGE, BULLISH BIAS ON DOLLAR?
Updated
Hello Enthusiast Forex Traders! Here's long-term outlook for USDOLLAR, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
USDOLLAR formed a trendline false break on daily timeframe. Afterwards, USDOLLAR is forming the descending broadening wedge pattern. We're looking for a breakout of the descending broadening wedge pattern to validate the bullish bias. The MACD starts crossing upward above the zero area, it signify a probability of potential breakout in the near future.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency.
USDOLLAR formed a trendline false break on daily timeframe. Afterwards, USDOLLAR is forming the descending broadening wedge pattern. We're looking for a breakout of the descending broadening wedge pattern to validate the bullish bias. The MACD starts crossing upward above the zero area, it signify a probability of potential breakout in the near future.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency.
Trade closed: target reached
USDOLLAR TARGET 1 REACHED!Note
Trade closed: target reached
TARGET 2 ACHIEVED, GOOD LUCK AND ENJOY THE WEEKDAYS!
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