TomProTrader

DOLLAR sell setup.

Short
TVC:DXY   U.S. Dollar Index
Hi traders,

DOLLAR looks good for a sell on the smaller TF's. I particularly like it on the 4 hour chart, where it is showing early signs of a breakdown.

I am expecting either a straight breakdown to the 3 wave target. Alternatively, price could break the structure and retest the support as resistance before the breakdown occurs.

Please like and follow all my ideas so I am motivated to post more content for the community.

Best regards,
Tom_Killick
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.