The US dollar has formed a quite obvious bullish flag pattern on lower timeframes. This chart pattern is often seen as a continuation signal of a strong upward trend in technical analysis. Flag breakouts are usually accompanied by volume confirmation, and once the resistance level above is broken, a new wave of gains may follow. Currently, the long-term technical outlook for the US dollar is worth continuous attention, especially under the influence of macroeconomic data and central bank policy directions, which will further highlight the validity of this pattern.
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fren.eth
· 4h ago
I'm tired of the phrase "flag breakout." Every time, it's said that it can rise with trading volume. But what about now? Can the dollar break through this round? I'm a bit skeptical.
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AlphaLeaker
· 4h ago
The flag breakout pattern is back again. Every time, they say its effectiveness will stand out. But what about now? Will the dollar really break through this time, or is it just another false breakout? Let's look at the trading volume to judge.
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BearMarketHustler
· 4h ago
The flag pattern is back again. Is this time really the breakout? Feels like I say this every time...
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ColdWalletGuardian
· 4h ago
Is the old-fashioned idea of a flag breakout always reliable? Is it true or not? Last time, it was said the same way, but it turned out to be a false signal.
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WalletDivorcer
· 4h ago
Flag pattern again? It’s getting annoying to watch. Every time they say it will break through the resistance level, and then nothing happens...
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WhaleWatcher
· 4h ago
The flag pattern is back again, always saying that a breakout will lead to a rise... and what happened last time?
The US dollar has formed a quite obvious bullish flag pattern on lower timeframes. This chart pattern is often seen as a continuation signal of a strong upward trend in technical analysis. Flag breakouts are usually accompanied by volume confirmation, and once the resistance level above is broken, a new wave of gains may follow. Currently, the long-term technical outlook for the US dollar is worth continuous attention, especially under the influence of macroeconomic data and central bank policy directions, which will further highlight the validity of this pattern.