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Simple_Renko
Dec 15, 2017 4:10 PM

DXY Head and Shoulders? Short

U.S. Dollar Currency IndexTVC

Description

See callout bubbles. Looks like pretty textbook head and shoulders forming on the DXY. I'm holding bearish USD bias until we see this right shoulder breached... Enjoy!

Always measure your risk and be okay with being wrong ; )

Comment

DXY came right into the area where we expecting sellers and price responded accordingly. Let's continue to watch DXY and see if we will complete this head and shoulders pattern ; )

Comment

Head and shoulders formation playing out nicely ; )
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