Get started
Bitgolder

DXY USD : TRIPLE TOP NOSEDIVE TO 92.9 BY Q4 2023 - FRACTALS

Short
U.S. Dollar Index (TVC:DXY)  
Bitgolder  
TVC:DXY   U.S. Dollar Index
Trend Analysis Technical Indicators Chart Patterns DXY dollar USD DOW nasdaq nyse Gold Silver BTC
5
0
trendanalysis indicator chartpattern dxy dollar usd dow nasdaq nyse gold silver btc
DXY USD is showing some weakness and overbought conditions on the monthly. The run is over for now ans this triple top will correct down to about 92.9 to 93.5 over the next year and a half. RSI has a fresh curl down and the MACD isn't far behind on its down curl. BBWP is at extremes on the way down as well. I show also just one of many examples of these fractals in the DXY that show the same pattern triple top within a channel range then a drop to the about the bottom side of the channel/support. The MACD and RSI on both fractals also act very similarly as I have shown. This is not financial advice this is just my opinion. If you find this content useful, please give me a like and follow me for more updates and analysis. Thank you and good luck out there.


snapshot

snapshot
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.