* 1D
The dollar is drawing a descending triangle pattern.
There is a high probability of going to check the bottom because it hit the upper resistance of the descending triangle for the fourth time and the upward trend line is broken.
Note
After the analysis, all short-term targets have been reached by falling to the bottom of the descending triangle.
Trade closed: target reached
All tp reached.
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.
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.