The skill of technical analysis can be used on any market and on any timeframe and today i wanted to show you an example of this on the US Dollar Index
Recently the DXY has violated a previous level of structure breaking to the upside. As we begin to get some dollar relief we're seeing a retracement back into the level of the initial breakout. For those looking to get long this is the perfect opportunity to start looking for opportunities.
A hold of the 94 level would be ideal, but as long as we don't violate 93.20's I'll be holding on to my bullish bias.
Recently the DXY has violated a previous level of structure breaking to the upside. As we begin to get some dollar relief we're seeing a retracement back into the level of the initial breakout. For those looking to get long this is the perfect opportunity to start looking for opportunities.
A hold of the 94 level would be ideal, but as long as we don't violate 93.20's I'll be holding on to my bullish bias.
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
Learn To Trade (Coaching, Courses & Community)
tieronetrading.com/
🎵Check Out My Top-Rated "TRADING COACH PODCAST" (Available On Your Favorite Podcasting App)
tieronetrading.com/
🎵Check Out My Top-Rated "TRADING COACH PODCAST" (Available On Your Favorite Podcasting App)
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.