Simple_Renko

DXY Head and Shoulders?

Short
Simple_Renko Updated   
TVC:DXY   U.S. Dollar Index
See callout bubbles. Looks like pretty textbook head and shoulders forming on the DXY. I'm holding bearish USD bias until we see this right shoulder breached... Enjoy!

Always measure your risk and be okay with being wrong ; )
Comment:
DXY came right into the area where we expecting sellers and price responded accordingly. Let's continue to watch DXY and see if we will complete this head and shoulders pattern ; )
Comment:
Head and shoulders formation playing out nicely ; )

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