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Varun113311
Nov 30, 2021 9:54 AM

HUGE Weekly CUP and handle formation on the DXY chart 

TVC:DXY1W
U.S. Dollar Currency IndexTVC

Description

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The DXY chart shows the value of the Dollar against all assets, it is said that if the value of the dollar goes up the value of assets goes down and vice versa.

If this plays out we can expect some red days around all assets.

I hope it doesn't play out, else 2022 will be a bear market.

Trade active

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waiting for the target 106

this will have huge impact on the markets
Chart PatternsCup And HandleValueDXYBTCUSDnifty50sensexS&P 500 (SPX500)dowjones
Comments
Varun113311
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DXY is above my target now. Nailed it
Varun113311
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safe Traders can exit 80% of their positions
Varun113311
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if you followed my trendline on the Handel, todays dump would not come as a surprise. Trade Safe :)
Varun113311
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Bitcoin at 42k, what else we got ?
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