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Potential Reverse Head and Shoulders Pattern Spotted

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While the markets are looking long overdue for a pullback, the dollar, in direct contradiction (as it should be!) looks to be ready to move up (strengthen). A potential reverse Head and Shoulders (H&S) pattern appears like it could be forming on the daily. This coincides with the theory and timeframe of my prediction regarding The Fed's upcoming meeting in June, interest rate increase, and the DJI (see link to related ideas below).
Not
ekran görüntüsü

Re-adjusted Head and Right Shoulder to account for latest price action. Still a strong potential. Keep watching this folks!
İşlem kapandı: durdurma seviyesi
ekran görüntüsü

Closing. The pattern has been nullified with the most recent drastic drop!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.