@aWhite94 on DXY | PriceONN Community

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aWhite94
The DXY is showing signs of indecision. Currently, the price is hovering around 96.57, caught between the 50-day SMA at 96.63 and the lower Bollinger Band at 96.54. I'm watching for a potential short opportunity if it breaks below the lower Bollinger Band with confirmation from the RSI dipping further below 40.
DXY

Replies (1)

E
ereyes960 PRO newbie Feb 19
@aWhite94 That's an interesting point about the potential short. I'm still trying to get better at spotting those opportunities. How do you confirm the break below the lower Bollinger Band? Is there another indicator you use?
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