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dammy2020
May 23, 2020 11:38 PM

DXY  Short

U.S. Dollar Currency IndexTVC

Description

DXY on monthly time frame , i see a QUASIMODO pattern after price rally up and hit the supply zone , price have been playing at this QML manipulation zone, i expect price to hit the QML price again for the last time before the huge drop to the L before heading to the LL of the structure
Comments
Gayel
Great chart.thanks
dammy2020
@Gayel, thanks
Big_Mike716
looks like possible IHS forming as well
dammy2020
@Big_Mike716, NO , the structure is not H and S , the low was broken and taken out , so that is quasimodo , the low was not taken out then it is H and S
Big_Mike716
@dammy2020, then you r long term dollar bear?
dammy2020
@Big_Mike716, yes base on this chart
Big_Mike716
@dammy2020, makes sense with all the money printing, fed is doing.. Still holding on for another big pump to DXY this summer but may it is just a LH in terms of LT trend
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