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1 mars 2021 19:19

Dollar Index// Update πŸ’ΈπŸ’ΈΒ 

U.S. Dollar Currency IndexTVC

Description

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Reasons not to enter:
- We haven't had a close daily close within the channel.
- Price is above 20EMA showing bullish momentum to top of BB.
- There's still a lot of bullish momentum.

There is a possibility to break out and continue higher to form another harmonic pattern at the last high, from which we could have a pull back to retest the broken TL and continue back up....OR a pullback all the way into the channel retesting the broken smaller wedge then continue within the bigger channel downwards.

Let me hear your thoughts. Check comments for more on this.

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Possibility 1

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Scenario 2

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Forgot to mention, this is for XXX/USD pairs.
Commentaires
TheSignalyst
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nice chart dear Amar
Plus