@KabiruSuleiman on DXY | PriceONN Community

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K
Good evening, all. I've been observing the DXY's upward trajectory today, with the RSI currently indicating overbought conditions on the 1-hour chart. I'm contemplating integrating a more robust multi-timeframe analysis, specifically looking into how the Stochastic RSI interacts with price action around these overbought levels. Does anyone have experience with this combination for identifying potential reversals?
DXY

Replies (1)

K
KabiruSuleiman PRO newbie Mar 30
Perhaps I should also look at how MACD divergences appear on the 4-hour chart when the RSI is in the extreme zones. That might offer another layer of confirmation before committing to a position.
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