Mthunukeni

US dollar index I'm looking for three possible moves.

TVC:DXY   U.S. Dollar Index
The market has been on a down trend making lower lows and lower highs. Then after the last lower low it violated the last lower high, creating a new higher high, leaving an order block from the origin of the trend (last lower low). That's a change of character. Which means we're now on an uptrend. Then we saw the market coming back to test the lawer law but failed to break below, but created a double Bottom. Confirming a buy signal. From that move I spotted a bullish Quasimodo pattern with resistance and support flip.

What do you guys think?🤦🏽‍♂️📈📉
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.