Hi traders just sharing analysis for the USD Dollar index and how to pick a great entry.
Potential buy at any failed re-test of the blue line which also aligns with the RSI and historic support levels.
Potential sell at the 61.8% fib level which aligns with previous resistance.
The blue box indicates the criteria for entry with 4/5 requirements needing to be met before entry, this method cuts losses and gives a clear structured way to enter trades that can be back-tested.
Good luck!
Potential buy at any failed re-test of the blue line which also aligns with the RSI and historic support levels.
Potential sell at the 61.8% fib level which aligns with previous resistance.
The blue box indicates the criteria for entry with 4/5 requirements needing to be met before entry, this method cuts losses and gives a clear structured way to enter trades that can be back-tested.
Good luck!
