Dollar Index | bearish 1-2-3 pattern with engulfing reversal

  • the broken ascending trendline signled the start of 1-2-3 pattern
  • enfulfing candlestick at point 3 confirming the strong reversal
  • the enfulfing pattern also false breaks a major resistance
  • the 4th times 50 SMA was broken, this time seems real
123patternCandlestick AnalysisfalsebreakoutTrend Lines

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