Fully likes to post vs the CAD sometimes. I know it’s because he resides in the Great white north, but I recall Spock many months ago looking to this currency pair for clues. So I decided to check in with it again. That weekly chart isnt pretty is it. A massive Bear flag that broke down. No backtest yet. I don’t think it’ll get one.

There is a upward sloping neckline of a potential H&S pattern developing. Not pretty at all. For me it is confirming what many here are saying that the US dollar is in a bear market.

I’ve put on a little short, just for the sake of it. Lets see. I don’t tend to Forex much, but I like the chartology I am seeing. Shorted at what I think is a R-Sh top. May be wrong. Or could be a wonderful little trade to at least the neckline around 1.2100. Target is way below below 1.000. Jeepers.