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AdamHong
19 Th05 2017 00:49

DXY:The Combined Bullish AB=CD Patterns Giá lên

U.S. Dollar Currency IndexTVC

Mô tả

The DXY dropped quickly because of Trump's scandle but will it continue to fall?The answer may be NO.
The combined bullish AB=CD patterns will complete and work.
The white AB=CD pattern completed at 97.6 and the 1.618EXT of BC is at 97.37 in the daily chart.
The green AB=CD pattern will complete at 97.07 and the 2.0EXT of BC is at 97.10 in the chart.
Meanwhile the Demand Zone is at 97.05-97.25 levels which is also the lower edge of the downward channel.
What is more,the RSI has been divengent already.
In summary,the DXY may get to the short-term bottom and may reverse next.
So it is good to buy at 97.0-97.4 levels when price action gives signals in the PRZ.
SL:below 97.0
TP1:98.5
TP2:99.65 and further more
If this zone is broken out,95.9-96.2 will be seen in the future.

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Bình luận

Corrective SL:below 96.7
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