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aboalreesh
Feb 17, 2023 2:38 PM

US DOLLAR INDEX 

U.S. Dollar Currency IndexTVC

Description

DOLLAR INDEX IN retracement level

Retracement to a key level creates the optimal situation to enter the market. In the picture below you can notice that the price has pulled back to the key level after a brief push above it. There was no other clear market signal that the price will go down, so this level can be sometimes the only hint for a trader, that’s why it’s significant not to miss it.
Comments
st3brandon
good find and note that is may be a hint, keep you eyes out for other hints that may point in the same direction
averkie_skila
Well it's an imaginary channel. Therefore, the candle can do something different.
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