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Dollar Index formed a descending triangle formation on a daily.
Trading in a bearish trend, this pattern signifies a bearish accumulation.
Look for a bearish breakout of a neckline of the pattern next week.
Daily candle close below 101.9 will confirm a violation.
A bearish continuation will be expected to 101.0 level then.
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Dollar Index formed a descending triangle formation on a daily.
Trading in a bearish trend, this pattern signifies a bearish accumulation.
Look for a bearish breakout of a neckline of the pattern next week.
Daily candle close below 101.9 will confirm a violation.
A bearish continuation will be expected to 101.0 level then.
❤️Please, support my work with like, thank you!❤️
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.