Weaker Dollar

Price action looks incredibly similar to me when the Fed initially began hiking back in December 2015. Something to follow should the price break lower

Any thoughts or ideas are appreciated

Note

Note

Although i can appreciate we are at big support, the more i look at the DXY on longer time frame the more i believe this is due a bigger correction and a dollar top is in......We have a monthly reversal candle rejecting at a major trend line after posting new highs, which falls at the 61.8 retracement and the completion of the inverse head and shouder pattern......Dollar needs to hold here or it could get messy

Note

Good start for the first 50 minutes,lol

mattytb84

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

mattytb84