Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

Dollar Index Sell Trading Opportunity Explained - 5 June 2024 #forex #trading #dollar

5 Jun 2024 · 1 min

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Vladimir Ribakov identifies a sell setup in the U.S. Dollar Index after both daily and four-hour trendlines broke downside. Pullbacks to Fibonacci levels could offer more short-selling chances.

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Hello traders, Vladimir here from Home Trader Club. Does the dollar index prepare another push down? Let's take a look on the chart. The daily trend line is broken to the downside. Four-hour chart trend line is broken to the downside as well. Classical double time frame trend line breakouts daily and four-hour chart. The way I see that after the recent push down. Any pullbacks towards the Fibonacci levels, and as long as they hold, could provide further sell opportunities. Join Home Trader Club for complete trading courses, real-time trading education, and real-time trading opportunities.