TRADE OF THE WEEK | Top-Down Trading With Confirmation๐Ÿ’ฐ

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Hey traders,

Dollar index is trading within a horizontal trading range from the beginning of the month.
This week its support was reached.
From that, I was looking for buying opportunities.

A confirmation that I spotted was on an hourly time frame:
the price was ranging within a narrow range and then broke its resistance to the upside.

Dollar Index (DXY): Time to Grow? ๐Ÿ’ต


Long was opened on a retest.

Great winner!
Did you catch it?

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