Update: Breakout to Re-test or H/S Move to Lower Trend?

A simple, but major update to my previous post, below:
DXY is near a crucial decision point where it will either maintain it's long-term uptrend or decide to spend more time correcting. DXY also shows negative correlation with crypto and stock markets.
> Maintains Uptrend - if we see a successful re-test of the upper trendline after having broken above it, expect a move back above 112 to 115 -> 118+. This would make me consider going short in crypto and stock markets.
> Further Correction - that same re-test could fail via a successful Head/Shoulders pattern, and take DXY back down towards its lows around ~90. In this case, I'd expect further correction to the upside in crypto and stock markets.
Previous post:

DXY is near a crucial decision point where it will either maintain it's long-term uptrend or decide to spend more time correcting. DXY also shows negative correlation with crypto and stock markets.
> Maintains Uptrend - if we see a successful re-test of the upper trendline after having broken above it, expect a move back above 112 to 115 -> 118+. This would make me consider going short in crypto and stock markets.
> Further Correction - that same re-test could fail via a successful Head/Shoulders pattern, and take DXY back down towards its lows around ~90. In this case, I'd expect further correction to the upside in crypto and stock markets.
Previous post:

Penerbitan berkaitan
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.
Penerbitan berkaitan
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.