Cipher_SMC

DXY - Dollar Index

Long
TVC:DXY   U.S. Dollar Index
Yesterday, the Dollar index closed at 106.83, marking an internal Break of Structure (i-BOS). We can expect a pullback to the demand zone at 106.24 or a rally to sweep the Buy-Side Liquidity (BSL) at 108.44. This might be followed by a small pullback before heading towards the supply zone at 109.36.

This trading plan incorporates mechanical strategies along with smart money concepts.

Please be aware that investing in FX, Crypto, or any financial instrument carries inherent risks. It's advisable to consult a financial advisor or conduct thorough research before making any investment decisions.

This trading plan combines mechanical strategies with smart money concepts to help you make informed decisions. For more information, please follow me linktr.ee/CipherSMC
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.