Who loves DXY when everyone else loves BTC?? Short

U.S. Dollar Currency IndexTVC

Description

⋅ Sep 12, 2022 3:45 PM

Hello everyone,

POSSIBLE MASSIVE head and shoulder indicator on the DXY.

We've seen many head and shoulder pattern on the DXY before. Hopefully, it can happen again in exchange of a short/medium term rally in the markets.

Let me know what you guys think!

Comments

Rockqet

⋅ Sep 13, 2022 7:53 AM

thanks for identifying the pattern, I agree with your bearish bias. To add on your idea, I think the next support level could be at 106.8, which is in line with the 61.8% fib retracement and previous resistance. Please check out my analysis at:

Algerianprince1

⋅ Sep 13, 2022 5:32 PM

@desmondlzw, i agree thank you so much

Algerianprince1

⋅ Nov 13, 2022 9:55 AM

@desmondlzw, hey we made it