Plunger at the Chartology Forum has just posted a well researched ( as always) Piece for Rambus Members

on the US Dollar…in Summary…he feels its now ready to take off and take off hard ( UP)

I am sharing my response here.

“Sir Plunger keeps coming up with new metrics and that’s great BUT I still like the Good Old Fashioned Rambus Chartology Patterns.

I agree Sir Plunger…I have never been convinced of a Dollar Top. So Far we have a Classic Potential Bullish Set Up

1…..A Strong Uptrend.

2…..Followed by a classical 4 point Consolidation pattern

3……..Followed by a Strong breakout

4……..Followed by a retest ( now about to see a 3rd retest)

5……..Usually this Small Pattern (red numbers) atop a Bigger Pattern ( Black Numbers)

is a very Bullish set Up.

We must acknowledge though… this 3rd retest is somewhat unusual…and critical !

If it fails ( as third tests can do) we would have a Round the Apex Move….which is usually very bearish !

So from a Pure Chartology Perspective we are at perhaps THE most Important Juncture on THE most Important

Chart on the Planet !

Screw the Popcorn …Pass the Whiskey

BYOB and Follow this chart here

https://stockcharts.com/h-sc/ui?s=%24USD&p=W&yr=5&mn=0&dy=0&id=p71633048907&a=498171432