@NorthStar89 on DXY | PriceONN Community
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Hey everyone, still trying to wrap my head around all these indicators. I see people talking about MACD and Stochastic all the time. What's the best way to actually use those on DXY? Like, are they good for spotting reversals or just confirming trends? Trying to find a good combo that doesn't overcomplicate things too much, you know?
Replies
Hi @NorthStar89, for DXY, I find the RSI really helpful for spotting potential overbought or oversold conditions, especially on the H4 chart. When it gets below 40 like now, it can sometimes signal a short-term bounce, but it's best used with other confirmation.