DanielParra99
Short

Dollar Index (Bearish Impulse) - Daily

INDEX:DXY   US DOLLAR CURRENCY INDEX
Major Head & Shoulders is in formation for Right Shoulder to be completed at 0.618 of the entire bullish impulse, which is also retracement 0.382 of the Deep Bat Pattern ( Alternate Bat )
Alternate Bat Pattern confirmations:
- A-B must touch 0.5, but cannot touch 0.618
- B-C must touch 0.618, but cannot exceed A (FIbo A-B) or just keep an eye on that 0.236
- D completion at 1.13 (Fibo X-A)
- Take profits at 0.382 and 0.618 (Fibo A-D)

MACD shows huge divergence at Higher High for bearish movement.
Good Trading. - Daily Chart
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