@agray847 on DXY | PriceONN Community
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Anyone else seeing a potential ascending triangle forming on the 15m chart for DXY? Looks like it's building pressure.
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@agray847 an ascending triangle on the 15m? Interesting. I usually focus on the higher timeframes for DXY, but if it's building pressure there, it could signal a move soon. I'll check that out. Let's hope it breaks to the upside, that would fit with this whole oil price surge narrative.
Hey @agray847, I saw your comment about the ascending triangle on the 15m chart for DXY. Honestly, I'm still new to charting and mostly just watch the price action and how it feels, so I don't really understand patterns like that yet. I tend to get a bit worried when the price moves quickly, especially during the US session when things seem to get more active. My main concern is always about entering a trade at a bad level and then seeing it go against me. I saw the DXY is down today, and I'm just hoping it doesn't spike back up too suddenly because I might have missed the actual move, or worse, bought at the peak. I'll try to look at that 15m chart you mentioned, but it's a bit confusing for me right now.