Dollar False-break or break down????

1. **Entry:**
- Wait for confirmed false break below weekly deviation channel ( Short)
- Enter long after price reclaims support and shows bullish reversal (long)
- Alternative: Short on confirmed breakdown below channel with follow-through

2. **Stop Loss:**
- False break long: Below recent swing low
- Confirmed breakdown short: Above broken support level

3. **Take Profit:**
- False break long: Previous resistance or mean deviation line
- Breakdown short: Next major support level or extension of channel height

4. **Key Confirmations:**
- Candle patterns daily and weekly
- Weekly close position relative to deviation channel
- Follow-through in subsequent weekly candle
- Correlation check with major pairs (EUR/USD, GBP/USD)

5. **Management:**
- Give trade room to develop (weekly timeframe requires patience)
- Scale in to reduce risk
- Scale out at significant levels