DOLLAR INDEX STRUCTURE LONG|TRADING PLAN
DXY has reached a strong horizontal support and after breaking out of the first diagonal resistance formed a double bottom.
Along with the obvious need for an upward correction the target trade is long.
TRADING PLAN:
1-Go Long now
2-SL below the double bottom
3-T1 is below the next diagonal resistance, so it is very achievable
4-T2+above=trailing stop if the resistance is broken
Thank you for reading and have a nice day!
