@abimbolaogunleye72 on DXY | PriceONN Community

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abimbolaogunleye72 PRO newbie
DXY Mar 30
Alright, so I finally decided to go long on DXY around 100.15 this morning, saw that 200 SMA holding nicely. Had my TP set at 100.45 and SL just below the previous day's low at 100.08. The session has been pretty choppy, but it looks like smart money is pushing it up. Just as I was about to call it a night, I saw it hit my target. A nice 30-pip win, nothing massive, but enough to cover the ramen for the week. Definitely better than getting rekt yesterday on that false breakout attempt.
DXY

Replies (1)

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asifrana48 PRO newbie Mar 31
Hey @abimbolaogunleye72, interesting you went long there. I was eyeing that 200 SMA too, but saw it as a potential resistance zone given the current bearish RSI momentum and how the dollar has been reacting to the Middle East peace hopes. I'd be cautious about that 100.45 TP, might be a liquidity grab before a reversal. Keep an eye on the 99.70 R1 pivot.
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