You don't have to be a SCHOLAR to see the pattern in DOLLAR Inds
Standard Cup and handle Pattern on Weekly Chart.
Retracement from key dual supports.
Downside is almost arrested.
Low Risk High Reward.
Slow Mover. Momentum will pick up later as MACD is turning bullish too.
Retracement from key dual supports.
Downside is almost arrested.
Low Risk High Reward.
Slow Mover. Momentum will pick up later as MACD is turning bullish too.
Nota
Don't panic if invested. Markets are retracing. 360-380 is a strong support zone.Nota
360-380 indeed was the strong support. Rallied and made a Pole-Flag pattern in the form of a cup. Indications show further up move.Nota
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.