The dollar index is reversing course.
And I believe highly likely to trigger this complex inverse head and shoulder's.
A swift move to the 105 region
lines up with a expected downside move in #BTC
A corrective move in the #PreciousMetals
and further profit taking on the #AI trade.
I believe this all could play by Xmas.
So the odds of a #SantaRally are slim given current price action that we are seeing across the board.
And I believe highly likely to trigger this complex inverse head and shoulder's.
A swift move to the 105 region
lines up with a expected downside move in #BTC
A corrective move in the #PreciousMetals
and further profit taking on the #AI trade.
I believe this all could play by Xmas.
So the odds of a #SantaRally are slim given current price action that we are seeing across the board.
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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.