Bandarsq

DXY forms a Bullish Reversal Pattern

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DXY is forming the right shoulder of the inverted Head and Shoulders pattern.

Buy on Neckline breakout.

Cheers!
Comentário:
Right should is now well developed. To take a trade i would wait for the neckline breakout.
Comentário:
In a smaller time frame, 4hr chart, RSI broke out of the down trend which give a good indication that DXY is heading for the the neckline of IHS.

Comentário:
RSI is in search for higher values on daily chart.

Comentário:
DXY formed a pin bar on daily. This should hold the bullish channel intact.

Comentário:
Approaching the downtrend.

Trade fechado: objetivo atingido:
I think DXY has reached the target or almost but I will call an end here.

It's never been a free market and will never be.
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