Dollar Index - Possible Head & Shoulders
The Dollar is showing a complex movements since Jun 2018, the principal trend is going up slowly with a lot of volatility, i think is time for a correction down to levels near 93
The Trend up loose steam like 3 or 4 months ago so is time for a move down, market is waitng for FED expectations about interest rate cut, everybody is trying to price in how much the cut will be...
We are building a H&S pattern, and inside the right shoulder maybe we can have a triangle pattern showing us better timing for entering the trade shorting the dollar.
The Trend up loose steam like 3 or 4 months ago so is time for a move down, market is waitng for FED expectations about interest rate cut, everybody is trying to price in how much the cut will be...
We are building a H&S pattern, and inside the right shoulder maybe we can have a triangle pattern showing us better timing for entering the trade shorting the dollar.
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