Learning to read Price Action with P&F Charting

dollar index just about to enter a major res zone
good for stocks

17600h.jpg
 
opposing poles
hourly data.45 by 3 reversal
according to the textbook.opposing poles.the appearnace of a second pole,enhances the down move if it is a low pole.pleas correct me if my interpretation is wrong.shorts could be moving in for another look..??

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eurusd..hourly
in a res zone and also possibly going to give a bullish signal.consecutive double-tops...however,caution,there was a bearish signal between them.ie the low pole

31 pips by 3 reversal.close data

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looking for failed signals or break upwards
 
dow..hourly plot
60 by 3 hilo
looks like 9900 is very important support area if we get there

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10260 to be taken out if there is some strength.ie a retrace moe than 50% of the low pole
 
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