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TradingShot
Apr 21, 2021 2:43 PM

DXY long-term trend bearish but possibility for one last spike Short

U.S. Dollar Currency IndexTVC

Description

Pattern: Channel Down on 4H.

Signal: Two sell positions, one now and the other in the event of a 0.786 Fibonacci spike, similar to what took place after the previous two 4H Golden Crosses.

Target: 90.350 (the bottom of the Higher Lows Zone).


Most recent DXY signal:




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Comments
EBITDAtiger
super clean charting, cheers
financialflagship
Nice analysis, many thanks. 🔥🔥
BobbyLo
Beautiful chart! Great catch on the 2x recent death cross spikes!
Clevortrevor
Can you give me a projection for the NZD to USD over the next few months?
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