themarketzone
Short

Update - More harmonic patterns make better sell zone

TVC:DXY   U.S. 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
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Trade closed: target reached: Final target reached. 200 SMA line
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