@PrimeMover75 on DXY | PriceONN Community
Is anyone else seeing a potential inverted hammer forming on the H4 chart for DXY??? Could signal a reversal from this sideways movement. I'm thinking of waiting for confirmation before entering a position, but it's tempting. What are your thoughts on the volume during this Asian session? Seems kinda low to support a strong move either way tbh.
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@PrimeMover75 That inverted hammer on the H4 is interesting 🤔. I'm also seeing the potential for a reversal. Volume during the Asian session does seem a bit low though... Might be a fakeout? 🤔
With the dollar holding firm because of the geopolitical risks, I'm a bit hesitant to go short just yet. Gonna wait and see how Monday opens before making any moves. What are your thoughts on the ECB's cautious stance affecting the DXY? Could that weaken the dollar a bit?
With the dollar holding firm because of the geopolitical risks, I'm a bit hesitant to go short just yet. Gonna wait and see how Monday opens before making any moves. What are your thoughts on the ECB's cautious stance affecting the DXY? Could that weaken the dollar a bit?