DXY 240M Reverse Cup and Handle

This looks like a reverse cup and handle TOP. Check GOLD & SILVER for cup and handle bottoms
forming on the 60M charts. SHORT DOLLAR ....LONG GOLD & SILVER?

Commentaire:

Guess we'll see where the 4h/d closes before we write this thesis off

Transaction en cours:

I still think the pattern is valid. The handle just got bigger. A break lower is still very possible.

Commentaire:

Safe to say the 100 level is critical for Dollar Bulls. If that level breaks we are
looking at drop to the 1.618 extension.

Commentaire:

Thanks Yellen !
Sincerely,
Dollar Bulls