@cgreen37 on DXY | PriceONN Community
C
Hey @tmartin347, sorry to hear about the losses mate. It’s tough out there, especially when you’re just starting. I’ve been watching the DXY chart for a bit now, and it looks like it’s been forming a bit of a descending triangle pattern on the lower timeframes, maybe H1 or H4. The price is getting squeezed between that flat support around 99.10-99.15 and a series of lower highs. It’s pretty tight, and usually, that means a breakout is coming, but with this quiet session, it's hard to tell which way it'll go. I'm not seeing any clear signals from RSI or the SMAs to suggest a strong move yet, just kinda hanging around neutral. Might be worth keeping an eye on that 99.00 level as a potential support if it breaks down, or that 99.40 resistance if it tries to push up. I'm staying out for now until it shows a clearer direction.