FX_Mendez

FX_Mendez

We all know the Market likes to react around whole numbers. What we have here is resistance area at 93.00 and 94.00. You can see how in the past the DXY reacted to these levels many times. One could conclude that this is an area for a correction to begin before moving higher or an area for a reversal to begin moving lower. Or of course the Market could just blow...

FX_Mendez

Left shoulder and Head formed but I would like to see right shoulder formation to dip a bit more to be lower than the left side. Price level 9000 seems to be pattern completion area and of course if price drop below the head shape then bullish pattern is invalid. Not trading advice just sharing what I see.

FX_Mendez

You may call it a flag or wedge but you can see a previous complted pattern followed by another. I am currently short at the highlighted candle and take profit is near rising support.

FX_Mendez

I think I see a bearish rising wedge pattern. Once it closes past support line bearish I think the move will to the downside.

FX_Mendez

Undecided at 8000 but a bullish pattern at 7000 would be a double bottom and maybe start the range between again 11500 and 7000. Double top at 11500 started this range in hindsight.

FX_Mendez

Price break BB, Stoch oversold and crossing above 80. Price creating Bearish Engulfing candle. Take profit is probable support at green line area.

FX_Mendez

Slope Divergence Price is moving up Indicator is moving down Entry short when MACD Histogram cross below 0 line with closed Bearish Heiken Ashi Limit is before past resistance future support at 95.800 Stop will be above high when it forms

FX_Mendez

Bullish Divergence Price Higher Low Indicator Lower Low Both points over extended Bollinger Bands Entry is when MACD crosses above and Bull Heiken Ashi closes Stop below 0.7400 Limit is before resistance of 0.7500

FX_Mendez

Price made lower high with two points over extended Bollinger Bands Indicator made higher high = Bearish Divergence I will enter short when MACD crosses down and a bearish HA candle closes and exit just before past support

FX_Mendez

Price making lower low at downtrend line MACD lines making higher low I will enter short if MACD crosses down with a closed bearish Heikan Ashi candle and limit just before support of 122.00 Stop will be above trendline and 123.000

FX_Mendez

Price possibly making higher low outside Bollinger Band MACD Histogram making lower low Entry is after higher low is formed, a green Heiken ashi candle has closed and the histogram has crossed up above 0 line. This is my first chart publish, I will get better hopefully at thiis