Edwinox92

Is DXY making a cup an handle pattern?

Panjang
TVC:DXY   Indeks Mata Wang Dolar A.S.
So as for now we can see DXY is probably making cup and handle pattern but its inside strong support/resistances which can indicates if yes or not.
We can also see that is looking for his supply which can be another clue about bullish trend in monthly chart.
Also can explain my other post about USDMXN which is about to pullback in H-C-H pattern.
Even above behavior already explained I saw in CRSI that for now overbought which makes me doubt a little bit, so I hope it is just a 4th Elliott's wave in lower timeframe.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.