The dollar index has formed a head and shoulder pattern in 30-min chart.
The pattern has formed after a long uptrend and the neckline has been broke.
Hence we expect some profit booking in the counter which can result a throwback.
The pattern has formed after a long uptrend and the neckline has been broke.
Hence we expect some profit booking in the counter which can result a throwback.
Trade closed: target reached
Reached the first targetTrade closed: target reached
Reached the second target successfully as well
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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.