TradingView
CobraVanguard
Apr 27, 2023 10:46 AM

U.S Dollar Index huge chance of decreasing in the price! Short

U.S. Dollar Currency IndexTVC

Description

Hi every one


U.S Dollar Index has formed a Head and shoulder pattern but the neckline has not been broken yet! if the price loses this support we can expect a bearish movement back to It's more recent supports!

U.S Dollar Index is to go back below 100 in the mid-term it seems

Thank you for seeing idea .
Have a nice day and Good luck
Comments
ENIGMA1440
🤦🏻‍♂️... That's not a H&S
cerveloist
@BitFink, yes it is and its massive
Tolberti
Amazing idea, keep up the good job!
jpeacockfx
Nice work! Very detailed analysis. Thank you!
CobraVanguard
@jpeacockfx you're welcome my friend
LegionQ8
Awesome us dollar index overview mate, I'm fully agree with you
CobraVanguard
@LegionQ8 glad to hear that thanks
Kaloian
here is a question how many see double bottom in demand zone ? i see you dont take in consideration your instrouuments.. macd & stoch are scraping the bottom..it will bbe very funny to be back in a week
FirstNameHelen
Wow, this is interesting. Your idea is mostly correct
CobraVanguard
More