USDOLLAR is approaching a significant structure level which can also be the neckline for the bigger timeframe head and shoulder pattern, which is typically a reversal pattern.
Waiting for bullish price action at the neckline to then create the right shoulder. We can potentially take advantage of the bullish short term move by selling some XXXUSD pairs such as EURUSD and GBPUSD.
Goodluck and trade safe!
Waiting for bullish price action at the neckline to then create the right shoulder. We can potentially take advantage of the bullish short term move by selling some XXXUSD pairs such as EURUSD and GBPUSD.
Goodluck and trade safe!
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.