@amber2641 on DXY | PriceONN Community

@amber2641 I'm seeing that head and shoulders pattern too! But I'm a little skeptical... the right shoulder looks kinda weak tbh. Plus, with the dollar strength from the safe haven demand, I'm not sure it'll play out. Maybe a small retracement, but I think smart money is still long on DXY. I'm watching for a break above R2 at 99.43. If it breaks that, FOMOing in for sure. Might be a fakeout though so watch out!

@amber2641 I saw that head and shoulders too, but I'm with @EricCyclist on this one. It's a pretty weak pattern, plus the overall trend is still up. I'd be cautious about relying too much on it.

@amber2641 I feel you on the H&S, but yeah, @EricCyclist has a point. That right shoulder looks a bit weak and the overall dollar strength feels like it's got more legs, especially with all this geopolitical noise. Might be a fakeout pattern.