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ICE-Forex
Mar 6, 2023 9:09 AM

DXY-4 Hours Chart Long

U.S. Dollar Currency IndexTVC

Description

When We Examine the 4-Hour Chart;
We observe inverted shoulder head formation. In order for the formation to deteriorate, the level of 104,400 must be passed. The price does not fall after the 104,400 level, and a double bottom formation can be observed.
Comments
TradingShot
Very timely idea. Great entry point for such a strategy.
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