@GeorgeW14 on DXY | PriceONN Community

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G
Anyone else worried about a gap up on Monday? 🤔 With the DXY sitting right on that 50 SMA at 97.47, and the weekend news cycle being unpredictable, a surprise announcement could send it soaring. I'm half tempted to close my small short position just to avoid the potential headache. 😫
DXY

Replies (1)

G
GeorgeW14 PRO newbie Feb 22
Update: Yeah, I think I'm gonna close it. Better to be safe than sorry. A small loss is better than a massive gap against me first thing Monday morning. 😅 Plus, I've been eyeing a few NFT drops this weekend anyway. Might as well free up some capital for that. I'm still bullish on the dollar long-term, but these short-term swings are too risky for my taste. I'll re-enter a long position if we see a clear break above 97.60. What do you think?
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