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UnknownUnicorn1156963
Aug 30, 2020 9:05 PM

Dollar potential entries. Explained 

US Dollar Index® FuturesICEUS

Description

We discussed bullish fundamental setup, but still no entry. There is a clear trendline on a daily chart. Breaking above is an entry. The most conservative traders can wait till DXY breaks and hold above 7 days high. It has been a long time since the dollar did that. So, breaking and holding above is sign bulls have got the strength to reverse a trend. The most aggressive traders can enter once and if higher low will be formed before breaking the trendline. But this trade is too risky for me. This market has a good fundamental setup and you can use any entry technique to pick up a trade.
Comments
donthavename123
Thank you.
UnknownUnicorn1156963
@donthavename123, my pleasure ))
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