TradingView
LADEEc57
Aug 13, 2016 11:48 PM

Emergence of Tree Stump Bearish Formation Short

US DOLLAR CURRENCY INDEXINDEX

Description

INDEX:DXY On the weekly time horizon, US dollar index forming a tree stump pattern formation indicating a bearish signal price drop expectancy of 0.80 from current levels. Failure to hold above intermediate support levels of 0.9114, could signal a dramatic pullback towards the 80's similar to 2012 levels. Fair warning to leveraged traders...
More