Dollar Index (DXY): Trading Plan For Next Week Explained 💲
https://www.tradingview.com/x/vJ7y5D0m/
Dollar Index is coiling around a solid rising trend line.
We can see a nice consolidation on a 4H time frame.
To buy the market with a confirmation,
look for a bulilsh breakout of 104.3 resistance.
4H candle close above that will confirm a violation.
A bullish continuation will be anticipated then at least to 104.65
Alternatively, a bearish breakout of a trend line may trigger a bearish continuation.
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Dollar Index is coiling around a solid rising trend line.
We can see a nice consolidation on a 4H time frame.
To buy the market with a confirmation,
look for a bulilsh breakout of 104.3 resistance.
4H candle close above that will confirm a violation.
A bullish continuation will be anticipated then at least to 104.65
Alternatively, a bearish breakout of a trend line may trigger a bearish continuation.
❤️Please, support my work with like, thank you!❤️
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