📉 #DXY #REQUEST #IDEA 📈
We are in an ascending broadening wedge - these have a very high chance of breaking down (approx. 75%+). Currently got smashed from a bearish divergence although a bullish hidden divergence has popped up on the supporting trendline along with the 100 EMA there too. Realistically a bounce here is possible although bigger factors at play than a few lines on a chart.
It is also setting up a H/S pattern so losing can crash heavily to 101.574. There is significant support at 103.851 but I don't think it would hold.
We are at a key point of decision we break down on this supporting trendline then its very bearish a bounce could see a pretty massive move up to 112.
We are in an ascending broadening wedge - these have a very high chance of breaking down (approx. 75%+). Currently got smashed from a bearish divergence although a bullish hidden divergence has popped up on the supporting trendline along with the 100 EMA there too. Realistically a bounce here is possible although bigger factors at play than a few lines on a chart.
It is also setting up a H/S pattern so losing can crash heavily to 101.574. There is significant support at 103.851 but I don't think it would hold.
We are at a key point of decision we break down on this supporting trendline then its very bearish a bounce could see a pretty massive move up to 112.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.