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financialfreedomgoals101
Oct 5, 2022 1:14 PM

USDOLLAR: The Trend of Stronger Dollar Will Not End Yet? Long

Dow Jones FXCM Dollar IndexFXCM

Description

Hello Fellow Global U.S. Dollar Trader/Investor, Here's a Technical outlook on USDOLLAR!

Support the channel by giving us a thumbs up and sharing your opinions in the comment below!

Chart Perspective
USDOLLAR has rebounded on the bullish trendline. Simultaneously, The USDOLLAR is broken out of the bullish continuation pattern (Falling Wedge). Furthermore, The MACD Indicator starts making a golden cross, it signifies the potential bullish movement ahead to the target area.

All other explanations are presented on the chart.

The roadmap will be invalid after reaching the target/support area.

"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the U.S. Dollar"

Trade active

Trade closed: target reached

Done Target 1, See ya on the next target?

Trade closed: target reached

Target 2 Achieved, Good Luck to Everyone!
Comments
Investroy
Just went through a few of your ideas, really loved your worked, deserved a follow!
financialfreedomgoals101
@Investroy, thank you for supporting the channel, I followed you back too. Btw, You also have many great ideas.
GRAND_TRADER_
the Dollar will be dropping soon, it's nearing a significant Supply, I published the idea just now, anyone interested on that can check it out
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