Andre_Cardoso

(4h) Dxy between Monthly Fractals

TVC:DXY   U.S. Dollar Currency Index
TVC:DXY

Weekly and daily fractal resistances positioned at 97.44 with support at 96.67;
Targets for the eventual inverted head and shoulders at 99.14;
Bearish shark patterns projected at the default fib extensions, between the 161.8% and 224% fib levels, with the 224% projected right at the monthly fractal resistance, forming another symmetrical behavior, very similar to the previous bearish momentum between the left shoulder and the head.

Breaking below the most recent structure and fractal support at 96.67 will increase the probability to keep trading even lower.
Projected at 96.04, the default bullish bat pattern at 88% fib, the alt-bat pattern at 113% fib a couple of points below the previous lows at 95.62 and the bullish crab pattern extended at 161.8% fib at 94.76.


https://www.tradingview.com/chart/EURUSD...
Comment:
Andre where have you beeen. miss you chart break downs...
Reply
Harmonic good one
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out