I believe this bearish move, which we are observing in the 1-hour timeframe market structure, is a bearish corrective move. Consequently, there is a possibility of a bullish continuation move in the Dollar.
Upon closer inspection, we can see the formation of a reverse head and shoulder pattern, which is an intrinsically reversal pattern and signals a potential bullish move.
If the price manages to break above this bullish pattern and a short-term bearish trendline, we could assume that our higher timeframe bullish move would possibly continue.
If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Upon closer inspection, we can see the formation of a reverse head and shoulder pattern, which is an intrinsically reversal pattern and signals a potential bullish move.
If the price manages to break above this bullish pattern and a short-term bearish trendline, we could assume that our higher timeframe bullish move would possibly continue.
If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.