by Tripleawge
The dollar looks extremely bullish. The trend line it has broken out of and looks ready to retest is from the peak in 1985. The sheer scale of the double bottom pattern is nothing like I have seen on any asset before. The moving avg trend line is the 30-week and it looks very similar to the other points where DXY decided to break out. I don’t have volume to back up anything but there must be some type of coordinated buyer/buyers. I know this is also very basic TA but the trend just looks very consistent and it’s been gaining a lot of momentum over the past month especially.