UUP Inverse H&S forming within channel
UUP and DXY forming a descending channel +1.3% upswings, -1.7% downswings wide.
Inverse head and shoulders appearing, a touch between 25.03 and 25.08 sets up for a breakout entry, escape price 25.18, last key resistance 25.25
Getting long between 25.03 and 25.12, targeting 25.19 then 25.25. A break of 25.25, worth adding size to jump into the gap between 25.40 and 25.50, mature long range target at 25.90.
A drop @ 25 and it's worth waiting for support test at 24.90 before adding again.
Inverse head and shoulders appearing, a touch between 25.03 and 25.08 sets up for a breakout entry, escape price 25.18, last key resistance 25.25
Getting long between 25.03 and 25.12, targeting 25.19 then 25.25. A break of 25.25, worth adding size to jump into the gap between 25.40 and 25.50, mature long range target at 25.90.
A drop @ 25 and it's worth waiting for support test at 24.90 before adding again.