mohemati

#DXY possible bullish reverse head and shoulder pattern

Alış
TVC:DXY   A.B.D. Dolar Endeksi
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.

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.