themarketzone
Short

Pay attention to these two patterns on Dollar Index

TVC:DXY   US Dollar Currency Index
Dollar index             started 2016 with a rally from the 98 support zone .
We will probably see the Dollar heading to re-test 100$ and there are two patterns that you should monitor now:
1. Bearish Gartley - Just below 100 $DXY             will complete bearish Gartley pattern.
2. Bearish Butterfly - A pattern I mentioned in the past - Completion near 101.5

Potential reversal in $DXY             means potential reversal is coming for the Majors. Will the NFP created the trigger that will ignite USD sell off?

Tomer, The MarketZone.net

Follow me on TradingView
Follow my blog - http://goo.gl/TWWN8C
Subscribe to my mailing lists - http://goo.gl/JfOLoR
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
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
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out