@jwright260 on DXY | PriceONN Community
Looking at the weekly close for DXY, that push above 100 is pretty significant. RSI is way overbought on the daily, but the momentum is clearly still there. I'm curious to see if it consolidates around this level or if we get a pullback early next week. Could be a good chance to short if it retraces a bit.
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Played out like I expected btw, nice 😄
Oh, and about that pullback... I'll be watching the 99.80 level closely. That's where I might consider adding to my short if it gets there. But if it breaks above 100.20, I'm definitely out. Risk management is key, especially in these markets.
Oh, and about that pullback... I'll be watching the 99.80 level closely. That's where I might consider adding to my short if it gets there. But if it breaks above 100.20, I'm definitely out. Risk management is key, especially in these markets.