DrDovetail

DXY candle does 180 reversal after hitting exact breakout target

TVC:DXY   Indice devise Dollar U.S.
The breakout target from the falling wedge was 105.6 . As you can see by the big red wick as soon as the dxy price reached 105.6 it did an abrupt reversal and morphed into a big red candle. Still a chance in the coming days it could rebound and still retest the 50ma or even reach the dotted tan lines target. However the exact precision of it flipping once it reached the falling wedge target inspired me to post a chart just to reaffirm that once again, TA Works! Target Hit! *not financial advice*
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