DXY: Classic Bearish Pattern 💵 Short

U.S. Dollar Currency IndexTVC

Description

⋅ Mar 25, 2024 2:07 PM

↪️DXY has developed a well-defined head and shoulders pattern.

With the breakout of its neckline indicating a significant bearish trend.

It is likely that we will see a retracement to at least 104.05/103.91.

Comments

Titow

⋅ Mar 26, 2024 11:33 AM

very good thx you

matejkocvara1

⋅ Mar 29, 2024 7:07 PM

What are you drink? USD up now

linofx1

⋅ Mar 29, 2024 7:23 PM

@matejkocvara1 watch your tongue, is it today that I published the idea‽

StewySongs

⋅ Mar 28, 2024 10:16 AM

🙏🙏🙏

JoeChampion

⋅ Mar 27, 2024 6:25 AM

feels bullish for the time being!

lAtalha

⋅ Mar 26, 2024 11:49 PM

I go long 104.290 / 94/96/ 104.300..
sl 104
target 🎯 105 above range

Deejayteeondabeat

⋅ Mar 26, 2024 5:11 PM

I also saw shorts

Forexkinfx

⋅ Mar 26, 2024 12:15 PM

Nice head and shoulders

ICmarkets

⋅ Mar 26, 2024 8:07 AM

Great catch on the head and shoulders pattern! Keeping a close watch on the neckline to see the price reaction. Excited to see how this unfolds!

Babenski

⋅ Mar 25, 2024 10:10 PM

Nice view