I spotted the Head & Shoulders pattern in the DXY chart and share it with you here.
It has slope down and it fortifies the short idea.
The Neckline is located around 89.30-89.40 level.
The calculated target is set at the 87.90 level. (Neckline minus Head's Height)
It has slope down and it fortifies the short idea.
The Neckline is located around 89.30-89.40 level.
The calculated target is set at the 87.90 level. (Neckline minus Head's Height)
Comment:
Approaches the Neckline. Watch breakdown
Order cancelled:
The price behavior doesn't fit the pattern anymore.
