DXY is above the descending channel and trend lines.
The chart formed a harmonic pattern, and after it left the channel, broke the upper trend line and formed a rising top, which broke the descending structure.
Now the price is above the 50% retracement level of the bearish momentum.
We expect growth after consolidation above the nearest resistance level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
The chart formed a harmonic pattern, and after it left the channel, broke the upper trend line and formed a rising top, which broke the descending structure.
Now the price is above the 50% retracement level of the bearish momentum.
We expect growth after consolidation above the nearest resistance level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.