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VasilyTrader
Feb 14, 2023 2:45 PM

DOLLAR INDEX (DXY) Waiting For Breakout 💵 Long

U.S. Dollar Currency IndexTVC

Description



Dollar Index is consolidating.
The market is currently coiling within a horizontal trading range.

103.73 - 103.97 is its resistance.
I believe that the next bullish move may initiate after its breakout.

Wait for a candle close above that first, then buy aggressively or on a retest.
Next resistance will be 105.1

Remember, that a bearish breakout of the support of the range may push the index lower.

❤️Please, support my work with like, thank you!❤️
Comments
UnitedSignals
Excellent idea.
ProjectSyndicate
let's see what we get setup looks reasonable to me
TopTradingSignals
We think the same way!
AnabelSignals
I had same thoughts!
basictradingtv
Great work as always!
VasilyTrader
Wait for a breakout, that is your trigger to buy!
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