DXY Possible H&S Formation With Perfect Retest Level Target

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US DOLLAR CURRENCY INDEX (INDEX:DXY)

INDEX:DXY US DOLLAR CURRENCY INDEX

trendanalysis chartpattern waveanalysis dxy dxyindex dxyshort dollar dollarindex dollar_index dollar-index direction

I am looking a a possible Head And Shoulders formation on the Dollar Index. Should this setup unfold as I have it here, the target happens to be on a perfect retest level as well. Simple and clean setup which could give some good direction on some other pairs as well.

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Happy trading!
Linton