DonDealer

DOLLAR INDEX LONG

Long
TVC:DXY   U.S. Dollar Index
As shown on the chart, wait for price to make a higher low formation on the Daily timeframe to position for a buy trade.
Weekly is extremely bullish seeing the candles forming as rejection from strong support, as well as the H4 timeframe showing a retracement into the deeper Fibonacci ratios to create for a better R:R opportunity!

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.