Following up from my previous post when the U.S Dollar returned back into a very important ascending channel (chart is shown below). Price has now bounced off the trendline and returned back to its original support level.
As shown price has now formed a valid head and shoulders pattern and the neckline forms on a crucial level of daily of support!
If you have any additional analysis feel free to share it below.
As shown price has now formed a valid head and shoulders pattern and the neckline forms on a crucial level of daily of support!
If you have any additional analysis feel free to share it below.
📈 Master the Art and Science of Trading: sixfigurecapital.com
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📈 Master the Art and Science of Trading: sixfigurecapital.com
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.