You don't have to be a SCHOLAR to see the pattern in DOLLAR Inds

アップデート済
Standard Cup and handle Pattern on Weekly Chart.
Retracement from key dual supports.
Downside is almost arrested.
Low Risk High Reward.
Slow Mover. Momentum will pick up later as MACD is turning bullish too.



ノート
Don't panic if invested. Markets are retracing. 360-380 is a strong support zone.
ノート
360-380 indeed was the strong support. Rallied and made a Pole-Flag pattern in the form of a cup. Indications show further up move.
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channelbreakChart PatternscupandhandlepatterndollareducationalpostFibonacci RetracementgoldenratioTechnical IndicatorslowriskhighrewardpriceactionanalysisroundingbottomTrend Analysis

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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