DXY 3 different patterns on the same time-frame

DXY has been bearish since the March 31 top and after the multiple rejections on the 91.440 Resistance, formed a Channel Down. Since May 11 though an Inverse Head and Shoulders pattern slowly emerged, which is technically a pattern seen on market bottoms that prepares a reversal. In turn, that gave way to a Channel Up since May 25 (blue channel). My trading plan is this:

* As long as the Channel Up holds, long to 90.650 (the Higher Highs of the Channel). If the Channel Down breaks, short to 89.300 (the 1.236 Fibonacci extension). If the Channel Up continues above the target, medium-term short near the 91.440. The trend remains bearish long-term, unless that Resistance level breaks.


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