Dollar index prediction.A. If You’re Looking to Go Long (Buy):
Entry Point 1: Wait for a breakout above 108.064. Look for a candle closing above this resistance with strong volume to confirm the breakout.
Entry Point 2: If the price pulls back to 107.700 (support level) and shows bullish reversal signals (like a hammer candle or bullish engulfing pattern), consider entering a buy position.
Stop-Loss: Place a stop-loss slightly below 107.700 to protect against a false breakout or a larger downtrend.
Take-Profit: Target the upper resistance level near 108.800.
B. If You’re Looking to Go Short (Sell):
Entry Point 1: If the price gets rejected at 108.064 and shows bearish signals (e.g., shooting star, bearish engulfing), consider entering a short position.
Entry Point 2: If the price breaks below 107.700 and retests this level from below, it confirms a potential downtrend.
Stop-Loss: Place a stop-loss just above 108.064 or above the retest candle.
Take-Profit: Target the lower trendline near 107.200.
