themarketzone
Short

Update - More harmonic patterns make better sell zone

TVC:DXY   US DOLLAR CURRENCY INDEX
Since my latest analysis for $DXY             it has consolidated between 98$ and 100$ and formed 3 more potential patterns.
3 of the patterns complete just below 100$ making sell zone 1 (see in chart) a very strong resistance zone .
2 more patterns - Two Butterfly patterns - Complete near 101.5 and that makes the top of a longer term potential reversal zone in Dollar index             .

100$ - Sell Zone one
101.5$ - Sell Zone two
100-101.5$ Longer term resistance zone

Tomer, The MarketZone
This analysis is part of the Weekly Markets Analysis newsletters
To read more interesting technical reviews for the week http://goo.gl/gg59or

To subscribe to the newsletters - http://goo.gl/HXjCPV
Follow my blog - http://goo.gl/78KZsl
Subscribe to my Youtube channel - https://goo.gl/q8dbyT

Trade closed: target reached: Final target reached. 200 SMA line
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out