Dollar index in ascending triangle

hey traders,
today I want to focus your attention on dollar index,
as you see market is now in consolidation stage.
Since the month of June 2018 we see that market has found strong
resistance zone and after several attempts to break it market
has not yet established new structure high.
However, at the same time we see how the market is establishing higher lows each time forming
ascending triangle pattern.
Typically it is a trend continuation pattern and we wait the brekout of resistance line
to buy the market.

And remember! ascending triangle by itself does not predict bullish impulse, however bullish break and close above structure
is very good signal to make a decision.

Yorum:

bullish breakout

Yorum:

going up

Yorum:

retest of support and bounce up