@faliyu835 on DXY | PriceONN Community

Can't sleep so I'm just watching the charts, lol. I think the key is to be patient with the DXY rn. Its been consolidating for a while, and a false breakout could easily trap a lot of traders. I am not FOMOing in at these levels. If it breaks that 99 level then maybe I will look again. I'm also watching the news about the other currencies, like the GBP, to see if there is some displacement that could affect the dollar. Plus, the DXY could reverse if the fed changes course. So many things to consider before making any big moves.

For now just scalping small moves and waiting for a clearer signal. Maybe a breaker block will form. Also need to consider a different time zone. I'm thinking of trading during the London session instead of this Asian session.

Oh and RSI is still below 50 on the D1, so its not showing strong bullish momemtum yet. Need to see it break above that to add back to my position. I'm thinking of waiting for a pullback to the 200 SMA around 98.17 to add more longs, if it even gets there.