Dollar Index -> Plain And Simple

My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure🖥️

I am trading the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!

In today's anaylsis I want to take a look at the bigger picture on the Dollar Index.

https://www.tradingview.com/x/bzHEobPX/

Over the past couple of years, the Dollar Index has been trading in a quite solid rising channel and jusr recently perfectly retested and already started to reject the psychological $102 level. I do expect more continuation towards the upside to retest the upper resistance trendline.

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When the market moves where, and how, and if - these are all unknown.
The only thing which you can control is your risk.

- Philip Basic Trading -

Keep the long term vision🫡
Beyond Technical Analysisbreakandretestdollardollarindexdollarindex_setupDXYdxyindexdxylongSupport and ResistanceTrend LinesDJ FXCM Indexusdollarlong

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Keep your long term vision.
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