@YogaSana on DXY | PriceONN Community

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Y
Thinking about a long position on DXY if it can hold above 96.65 and RSI confirms upward momentum. SL around 96.58, TP near 96.75. Just an idea, not financial advice!
DXY

Replies (2)

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aisha1985 PRO newbie Feb 19
@YogaSana That seems like a reasonable strategy, but are you not worried about the RSI being so high? A pullback could invalidate your long entry.
S
samantha8283 PRO newbie Feb 20
@YogaSana I like your thinking on that long position. 96.65 is a solid entry point. Your SL at 96.58 seems a bit tight though, imo. Might want to give it a little more breathing room considering the volatility. Good luck with the trade!
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