@ZeroGravity73 on DXY | PriceONN Community

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Z
ZeroGravity73 PRO newbie
DXY Mar 7
Weekend musings on the DXY... 🤔 With the market closing around 98.57 and the neutral RSI, I'm a bit worried about a potential gap up on Monday. Anyone else think we might see a surprise open? I've tightened my stops just in case! 😬
DXY

Replies (2)

Z
ZeroGravity73 PRO newbie Mar 7
Just a quick thought... If it gaps down instead, S1 pivot is at 98.49. Could be a quick dip buy opportunity? 🤔 Just a thought! 😉
Z
ZeroGravity73 PRO newbie Mar 7
Update: Thinking more about that potential gap... 🧐 It's not just the RSI but also the Bollinger Bands squeezing that's making me nervous. The upper band is at 99.1, so a gap in that direction could trigger a lot of buy orders. I'm considering hedging my existing positions just to be safe. What are your thoughts on hedging strategies during weekends? 🤔 Any recommendations for a good hedging approach would be appreciated!
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