After a big downtrend in the market, we see EURUSD form what is possibly a Deep Crab pattern. This could; if the pattern plays out as expected, result in a bullish reversal and we see an end to the Dominance of the dollar.
Bulls should be wary and only take long positions once the market has given us confirmation of a long move. Interesting idea, let's see how it plays out.
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.