DXY breakout coming? Be very careful in all markets!
Updated
DXY forming a massive inverted H&S pattern and clearly bottoming tryng to break back into resistance (the red line = 10 year long support flipped resistance).
This will completely destroy all markets. Be very careful in crypto, metals.
Lets hope this does not happen, but BE SURE TO KEEP AN EYE ON THIS. This is massive.
This will completely destroy all markets. Be very careful in crypto, metals.
Lets hope this does not happen, but BE SURE TO KEEP AN EYE ON THIS. This is massive.
Comment
Ps. ignore the projection timeframe wise. Its just to give an idea. The right shoulder can take way longer than this to play out.Comment
Still keep an eye on this folks! This analysis is on point. If DXY is breaking here we might see huge action soon.Comment
I rest my caseComment
Target 1 HIT, Will get updated for potential T2
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.