Kom igång
stewdamus

Potential Reverse Head and Shoulders Pattern Spotted

Lång
Valutaindex för U.S. dollar (TVC:DXY)  
stewdamus Uppdaterad   
TVC:DXY   Valutaindex för U.S. dollar
Trend Analysis Chart Patterns Technical Indicators DJ FXCM Index dollarindex DXY dollar strong long-term Bullish Patterns interestrates
8
3
trendanalysis chartpattern indicator usdollar dollarindex dxy dollar strong long-term bullish interestrates
While the markets are looking long overdue for a pullback, the dollar, in direct contradiction (as it should be!) looks to be ready to move up (strengthen). A potential reverse Head and Shoulders (H&S) pattern appears like it could be forming on the daily. This coincides with the theory and timeframe of my prediction regarding The Fed's upcoming meeting in June, interest rate increase, and the DJI (see link to related ideas below).
Kommentera:
snapshot

Re-adjusted Head and Right Shoulder to account for latest price action. Still a strong potential. Keep watching this folks!
Trade stängt: Stopp nått:
snapshot

Closing. The pattern has been nullified with the most recent drastic drop!
Stewdamus Trades -

Prophesying the price action of markets one chart at a time.

Crypto predictions, targets, how-tos, and much, much more!

Never miss a prophecy. Sign up for my free newsletter at:

stewdam.us

Liknande idéer

stewdamus
H&S on Bitcoin Dominance Chart Completed. Target Reached. BTC up
stewdamus
DOW will drop to 25,000 by End of Year
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.