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telephoton
Nov 1, 2019 6:37 PM

Perfect Multiyear Megaphone Short

U.S. Dollar Currency IndexTVC

Description

It's got the clear diverging trendlines, formation beginning after a sharp, clear rise, and a decades long downtrend preceding. On an instrument as large as the dollar, this isn't just a fluke, it shows massive indecision about continuing bullish action for the dollar in the future.

This is not trading advice
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