msk_analysis

Double H&S pattern in dollar index

TVC:DXY   U.S. Dollar Index
Very rarely you will see back to back head and shoulder pattern

Dollar index in daily time frame started with an inverted head and shoulder - gave a false breakout and then formed a head & shoulder again. Will this lead to massive short covering in Indian index ?

Time will tell :) but this is just for pattern lovers

Happy Trading
MSK

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