Dollar Index (DXY): Your Detailed Trading Planđź’˛

snapshot

We have spotted earlier a confirmed structure breakout on Dollar Index.
The market is retesting that at the moment.

To catch a bullish move from that with a confirmation, watch a double bottom pattern on 4H time frame.
104.05 - 104.09 is its neckline.
Wait for its bullish breakout, we need a 4H candle close above that to confirm the violation.

A bullish continuation will be expected then to 104.55.

If the price sets a new lower low, the setup will become invalid.

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Candlestick AnalysisdollarDouble Top or BottomDXYindexesMultiple Time Frame AnalysispriceactionUSDDJ FXCM Index

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