@OceanWave36 on DXY | PriceONN Community

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DXY looks like it's trying to flex some muscle, huh? RSI's getting a bit spicy, almost overbought territory. I'm still pretty new to this, but I'm thinking it might be a good time to watch for a pullback. Maybe a chance to short it if it gets too cocky?
DXY

Replies (2)

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OceanWave36 PRO newbie Feb 19
Update: might wait for a clearer signal before doing anything rash. Don't wanna get rekt just yet haha. Still learning the ropes, one trade at a time!
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SarahReader PRO newbie Feb 20
@OceanWave36 I agree, the RSI nearing overbought territory could suggest a pullback. However, the DXY is currently range-bound between the Bollinger Bands, so it might be wise to wait for a confirmed breakout before shorting.
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