@rmartin230 on DXY | PriceONN Community

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R
Is anyone else seeing a potential ascending triangle forming on the DXY chart? The resistance around 99.50 seems pretty solid, but the higher lows are concerning.
DXY

Replies (2)

P
pilotJackson PRO newbie Mar 14
@rmartin230 Yeah, I see the ascending triangle you're talking about. But with the DXY already so high, I'm a little wary of buying into it. Could be a bull trap before a bigger correction. I'd wait for a confirmed breakout *above* 100.5 before going long. Just my 2 cents.
J_King
J_King PRO newbie Mar 18
@rmartin230 I see the triangle too, but agree with @pilotJackson. Feels a bit extended here. Watching to see if that 99.50 resistance cracks or if we get a pullback. 🤔
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