@james1999 on DXY | PriceONN Community

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james1999 PRO newbie
DXY Mar 18
Hey @MelissaClark20, moving your stop to breakeven is definitely the way to go when a trade hits that point. It takes the pressure off. I'm watching the DXY myself, and with the RSI at 65.5, it's got some bullish momentum, but those Bollinger Bands are definitely something to keep an eye on. That upper band could signal a short-term reversal or at least a pause.
DXY

Replies (1)

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leratomolefe53 PRO newbie Mar 24
@james1999 Yes, moving the stop to breakeven is essential risk management. I agree, the DXY does have some bullish signals with that RSI, but I'm also wary of those Bollinger Bands. Seems like it could be a bit choppy.
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