lauralea

Beneath a Triangle

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lauralea Uppdaterad   
TVC:DXY   Valutaindex för U.S. dollar
Price is beneath a Symmetrical Triangle.

This is also a possible Parabolic Arc.
This pattern is easy to spot but difficult to trade and can have excessive volatility.
Most Patterns retrace to 62–78% of its rise. 50% retracement is the first target.

When an ARC finally reaches it's true top, do not expect the price to return to Parabolic Arc highs for a long time.

Symmetrical triangles are neutral until broken. This one has broken for now.
This could be a very large Flag, but I found it difficult to find a true pole.

No recommendation/Tough nut to crack )o:
Kommentera:
What does one wear to "the death of Democracy" that may occur tomorrow or whenever they count the votes? Black or red?
I do not think it will be a blue wave, but you never know. Stranger things have happened )o:
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