high % of this triangle resolving down but wait before selling/buying
Note
it resolved down so expect dxy to move down if not very positive economic signals for the dollar arrives this week with tons of geopolitical chaos on the horizon / vix at record lowsNote
DXY 200 day moving average is just right above the triangle so there is also this pullback correction to the average to consider & resistance trend line from when price rolled over in the beginning of the yearNote
it went down --> watch for gold to rise if you traded it, make tight trendlines down , watch for stochastic(31) hitting 0 in lower timeframes first, plot moving averages & fibonacci and make a take profit plan based on all the above
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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.