đšDXY Index Is Ready to Go Down by H&S Patternđš
đââïžDXY index is moving near đŽHeavy Resistance zone($105.88-$104.65)đŽ.
đIn terms of Classical Technical Analysis, the DXY index has succeeded in forming an Ascending Broadening Wedge Pattern and is currently completing the right shoulder of the Head and Shoulders Pattern.
đĄAlso, the Regular Divergence (RD-) between the right and left shoulders of the H&S Pattern is clearly visible.
đI expect the DXY index to continue its decline after breaking the đąSupport zone($104.26-$103.88)đą around $103.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frameâ°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
đIn terms of Classical Technical Analysis, the DXY index has succeeded in forming an Ascending Broadening Wedge Pattern and is currently completing the right shoulder of the Head and Shoulders Pattern.
đĄAlso, the Regular Divergence (RD-) between the right and left shoulders of the H&S Pattern is clearly visible.
đI expect the DXY index to continue its decline after breaking the đąSupport zone($104.26-$103.88)đą around $103.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frameâ°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
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