U.S. Dollar Index
Long

TRADE OF THE WEEK | Top-Down Trading With Confirmation💰

512
snapshot

Hey traders,

Dollar index is trading within a horizontal trading range from the beginning of the month.
This week its support was reached.
From that, I was looking for buying opportunities.

A confirmation that I spotted was on an hourly time frame:
the price was ranging within a narrow range and then broke its resistance to the upside.

Dollar Index (DXY): Time to Grow? 💵


Long was opened on a retest.

Great winner!
Did you catch it?

❤️Please, support this idea with like and comment!❤️

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.