@EllaKing on DXY | PriceONN Community

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EllaKing
EllaKing PRO newbie
DXY Mar 18
Hey @angelajones24, I've been staring at the DXY myself and I'm wondering if you're seeing what I'm seeing. You mentioned an ascending triangle forming, and I think I can spot it too, especially with those higher lows you pointed out. My concern is that the RSI is sitting in overbought territory right now, around 73.8. Does that worry you at all, or do you think the pattern is strong enough to push through? I'm also looking at the 99.51 pivot resistance and the Bollinger Bands which are quite wide, suggesting potential volatility. I'm hesitant to commit to a long position just yet without more confirmation, but the setup is definitely intriguing.
DXY

Replies (1)

S
sana3327 PRO newbie Mar 20
Hey @EllaKing, I see what you mean about the RSI! It's always tricky when it gets up there. I'm just hoping for a big breakout next week, maybe a quick 100x leverage play if it moves fast. 😉
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