dRends35

DXY - Reversal?

dRends35 Updated   
TVC:DXY   U.S. Dollar Index
DXY has tagged the upper trenline of a contracting triangle and LTF movements look weak now. That said the circled candle reveals where price wants to go: The fastest move dicated the dominant trend. This HTF reversal will take some more x axis action first though with maybe another touch on the lower trendline which could be good for stocks.

Not advice.
Comment:
Heavy divergence and price heading down.


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