Mahtab_Tradia

DXY: Reversal Pattern

做空
TVC:DXY   美元指数
We have seen a significant growth and strength on the US dollar index in the last week.

Price is in an uptrend and is bouncing on the ascending trend line.

Currently, as you see in the 4H chart, price has made a reversal head & shoulders pattern:

If price breaks the yellow support level (neckline) and closes a bearish candle below this level at 97.055, I expect a drop on US dollar around 96.645 and a retest on the trend line.

On the other side, if price breaks the red resistance level and closes a bullish candle above this level at 97.440, this analysis will be invalid.

Join My Telegram Channel:
t.me/Tradia_Channel

Follow My Instagram:
Mahtab_Tradia

My YouTube Channel:
youtube.com/channel/UCLVMX3VGgdo8d02jF99SihQ
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。