DXY 4-hr Inverse Head & Shoulder (Pending Bullish Reversal)
The dollar could find support at the key level of 99.00 which would be used in alignment with today's trading. A bullish reversal pattern called the "inverse head-and-shoulder" has formed on the 4-hr timeframe, which can be a strong indicator prior to a reversal when used in alignment with a series of other confluences.
Note
Note
pattern invalid, trade never taken
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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.