Long

DXY HEAD AND SHOLDER

Updated

DXY is currently put the head and shoulders pattern into play. As much as i would love the pattern to complete and make a move down into the 96.24 area, i find it highly unlikely. There is no better play than buying the failed break , this could move the dollar back up to 102.36 area very very quickly as the short sellers retreat and stops are triggered, Currently on watch, no trade here yet

https://www.instagram.com/afx_signals/https://www.afxsignals.com/

Trade closed: target reached

chriswjrobinson

Also on:

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.