U.S. Dollar Index
Short
Updated

DXY, you are such a good boy!

217
https://www.tradingview.com/x/HcP1HV8p/
🎤 Hi, Guys! 🫡

💡Here is one of the reasons for the current rally in crypto and in the market of small-caps to your attention. At the moment, all analysis methods have converged at one point.

💭I believe that in the coming months we will see a cheaper dollar, which will create a boost for the growth of risky assets on the eve of the electoral race.

⚙️We have a downward wave structure indicating the formation of the last motive wave of correction (C), as well as a classic technical analysis pattern - Head and Shoulders. In addition, the index has dropped below 200MA and it has every chance of continuing to decline after testing this moving average.

😎 let's see how this turns out 🍿

Shaka 🤙

DXY DXY DXY BTCUSD BTCUSD
Trade closed: target reached
snapshot
done

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.