Long US Dollar Index position

The price is moving inside a short term up trend channel. Currently, it is in Elliott Wave fourth wave (retraction), try to open long order when price touching the up trend channel bottom line area. Target would be looking for long term side way channel top line area on Aug 15, 2023.

The long US Dollar Index strategy is consistent with Long US dollar forex trading strategy.

Orden cancelada:

The market is turned to positive. The long strategy is not suitable at this moment. Cancel or close the long orders and waiting for further signals.

Comentarios:

Maybe take profit if the long order still open.