This is not the chart which one should look and trade the short term markets . But it is definitely one of the picture one should keep in mind. Is the dollar currently forming the RIGHT shoulder of what could be a POTENTIAL HUGE INVERSE Head and Shoulders in the dollar.
Currently unable to work with a good charting software. So marked the Shoulders and head with triangles. I think its clear enough.
One of my earlier post showed a high enough target for a dollar rally.
http://markettechnicals-jonak.blogspot.com/2011/08/dollar-poised-for-massive-rally.html
Currently unable to work with a good charting software. So marked the Shoulders and head with triangles. I think its clear enough.
One of my earlier post showed a high enough target for a dollar rally.
http://markettechnicals-jonak.blogspot.com/2011/08/dollar-poised-for-massive-rally.html
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