Potential Bullish Shark with "C" at Double Top
A potential Bullish Shark is forming currently. It's "C" point is a retest of the prior high
(possible double top). DXY had broken out of a rising channel and has retested. It appears
DXY may be in the process of changing direction here. I have shown an anticipated area
for the PRZ (confluence of 1.13 retrace, with BC extension 1.618 and ABx2.00=CD.
(possible double top). DXY had broken out of a rising channel and has retested. It appears
DXY may be in the process of changing direction here. I have shown an anticipated area
for the PRZ (confluence of 1.13 retrace, with BC extension 1.618 and ABx2.00=CD.
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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.