TradingShot

DXY Sell Signal

Short
TVC:DXY   U.S. Dollar Index
Pattern: Bullish Megaphone on 1D.

Signal: Sell as the price hit the Higher Highs trend-line (top) of the Megaphone, which has been rejected three times in the past.

Target: 92.657 (the 0.785 Fibonacci retracement level, which has made a Higher Low each time after a Higher Highs rejection).


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