(M) Call the devil! This is Dxy!

4 thg 8, 2020

DXY


One technical double top reinforced by the monthly fractal as resistance forged at 102.99 - The pattern requires validation below February lows (88.25) and it should target the 200% extension below (75.87), converging with the major 88% fib retracement level and the previous structure lows from 2011;

The inverted head and shoulders (as a trend continuation) - We still need the right shoulder to form, we are approaching one major ascending trend line as potential support but also the 78% fib retracement as a bullish cypher pattern completion point (91.40), which may help the formation of the missing shoulder - The pattern requires validation above the monthly resistance forged at 102.99 and it should target the 200% fib projected at 115.35 - also converging with the 88% fib retracement level and the previous structure highs from 2001/02.

22 thg 9, 2020

Ghi chú

5 thg 3, 2021

Ghi chú

15 thg 6, 2022

Ghi chú

8 thg 11, 2022

Ghi chú