JayanVarsani

DXY - INVERSE HEAD & SHOULDERS | FORMATION CONFIRMED + TARGET

Long
TVC:DXY   U.S. Dollar Index
  • For those of you who have been following, I have been very bullish on DXY due to inflation already being priced into the market and the market being far too oversold as a result (see linked idea below for more)
  • An inverse head and shoulders pattern has now been printed and I expect continuation to the upside to follow through this H&S pattern
  • Price target is identified and is expected to be hit within the next few weeks over the mid-term

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