WoopsToggle

Expanding triangle pendulum swing with shorts above the range

Short
WoopsToggle Updated   
TVC:DXY   U.S. Dollar Index
Buyer failure patterns above the range. Careful for retracements and wait for more crown reversals/failure patterns if you are not already in.
Comment:
Seller failure patterns above the closed weekly gap. Watch for a run up for the bulls and the next restest is the best test
Comment:
A quick scalp to the upside for almost 200 pips gave us a trap high or a proper triple top to drop on the 1H now.
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.