HarnishBH

DXY - Possible H&S in Formation

Long
HarnishBH Updated   
TVC:DXY   U.S. Dollar Index
DXY possibily is in process of forming H&S Pattern. 104 105 will be ideal zone for shorting for target upto 94 96 zones...
Comment:
Moving as expected...104 104.5 possibly this week and should reverse probably next week...
Comment:
Target achieved on upside...Look for Shorting opportunities between 104.5 to 105 Stop 106.8
Comment:
Perfect H&S pattern has completed...Didnt crossed 106 as expected...now 2 digit target 96 94 expected in coming months
Comment:
BReakdown has happened and now retesting neckline...probably shouldnt cross 103.5 and should head towards 98
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