DOLLAR INDEX IN retracement level
Retracement to a key level creates the optimal situation to enter the market. In the picture below you can notice that the price has pulled back to the key level after a brief push above it. There was no other clear market signal that the price will go down, so this level can be sometimes the only hint for a trader, that’s why it’s significant not to miss it.
Retracement to a key level creates the optimal situation to enter the market. In the picture below you can notice that the price has pulled back to the key level after a brief push above it. There was no other clear market signal that the price will go down, so this level can be sometimes the only hint for a trader, that’s why it’s significant not to miss it.