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AschraM
Mar 24, 2019 3:13 AM

breaking 98.00 is unlikely Short

U.S. Dollar Currency IndexTVC

Description

Flagging for the bigger picture. Short Idea. Hope you like it :)

Head and Shoulder within another head and shoulder formation. If 97.25 fails we are heading down. I see we made a new low and new high which indicates a trend reversal. Now we might be making the next new high and new low heading down finishing a right shoulder on the lower frame. If this idea is true we are heading to 93$ possibly as low as 92.50$ zone.
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