๐จDXY Index Is Ready to Go Down by H&S Pattern๐จ
๐โโ๏ธDXY index is moving near ๐ดHeavy Resistance zone($105.88-$104.65)๐ด.
๐In terms of Classical Technical Analysis, the DXY index has succeeded in forming an Ascending Broadening Wedge Pattern and is currently completing the right shoulder of the Head and Shoulders Pattern.
๐กAlso, the Regular Divergence (RD-) between the right and left shoulders of the H&S Pattern is clearly visible.
๐I expect the DXY index to continue its decline after breaking the ๐ขSupport zone($104.26-$103.88)๐ข around $103.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frameโฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐In terms of Classical Technical Analysis, the DXY index has succeeded in forming an Ascending Broadening Wedge Pattern and is currently completing the right shoulder of the Head and Shoulders Pattern.
๐กAlso, the Regular Divergence (RD-) between the right and left shoulders of the H&S Pattern is clearly visible.
๐I expect the DXY index to continue its decline after breaking the ๐ขSupport zone($104.26-$103.88)๐ข around $103.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frameโฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
์กํฐ๋ธ ํธ๋ ์ด๋
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