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This cheat sheet helps you identify which two candlestick patterns indicate short-term bearish reversal patterns to signal a market top. 📉
This cheat sheet helps you identify which two candlestick patterns indicate short-term bearish reversal patterns to signal a market top. 📉
🇺🇸 US CPI INFLATION Y/Y OVER THE LAST 12 MONTHS:
SEPT. 2022 +8.2%
OCT. +7.7%
NOV. +7.1%
DEC. +6.5%
JAN. 2023 +6.4%
FEB. +6.0%
MARCH +5.0%
APRIL +4.9%
MAY +4.0%
JUNE +3.0%
JULY +3.2%
AUG. +3.7%
SEPT. +3.6%
SEPT. 2022 +8.2%
OCT. +7.7%
NOV. +7.1%
DEC. +6.5%
JAN. 2023 +6.4%
FEB. +6.0%
MARCH +5.0%
APRIL +4.9%
MAY +4.0%
JUNE +3.0%
JULY +3.2%
AUG. +3.7%
SEPT. +3.6%
#US DOLLAR ANALYSIS
The US dollar got rejected from the horizontal resistance and has broken down through the trendline. Now it is retesting below it. The RSI is currently moving towards the oversold region.
MACD crossover indicates bearish momentum. A downward move is anticipated for the US dollar for as long as it continues to trade below the horizontal resistance.
The US dollar got rejected from the horizontal resistance and has broken down through the trendline. Now it is retesting below it. The RSI is currently moving towards the oversold region.
MACD crossover indicates bearish momentum. A downward move is anticipated for the US dollar for as long as it continues to trade below the horizontal resistance.
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