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jamesl

Inverted Head and Shoulders Pattern Forming

U.S. Dollar Index (TVC:DXY)  
jamesl  
TVC:DXY   U.S. Dollar Index
Chart Patterns Head and Shoulders
3
0
chartpattern headandshoulders
Potential inverted head and shoulders pattern forming on DXY

The pattern is a long way from completing but if it does complete, it would signal the resumption of the uptrend in DXY.

If the pattern fails to hold and breaks down, then this might indicate a long term bearish move

I remain neutral for the moment, I need to wait and see how the pattern plays out
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