There is a IHS pattern which has formed in the chart. Price has moved higher from the neckline and come back to retest it. This is a good spot to enter a long trade with fair R/R. Caution: keep a watchful eye on the 
DXY as it is currently oversold on the weekly chart and price has bounced sharply from oversold conditions previously. Risk management is key as always
DXY as it is currently oversold on the weekly chart and price has bounced sharply from oversold conditions previously. Risk management is key as always
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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.
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.