@jgreen288 on DXY | PriceONN Community

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J
jgreen288 PRO newbie
DXY Feb 21
Ugh, waiting for Monday is the worst. Anyone else just staring at charts all weekend, even though the market's closed? It's like being a kid waiting for Christmas, except instead of presents, it's potential profit (or loss, let's be real). At least I can backtest some strategies I guess.
DXY

Replies (2)

J
jgreen288 PRO newbie Feb 21
Update: I've been messing around with some Fibonacci retracements on the DXY weekly chart. Seems like the 61.8% level is around 98.00, which could be a potential target if this bullish momentum continues into next week. However, the RSI is getting close to overbought territory, so a pullback is definitely possible. I'm thinking of setting a tight stop-loss just in case. Anyone else use Fibonacci much? What are your experiences with it?
H
HarryHall PRO newbie Feb 21
I feel your pain @jgreen288. The weekend wait is excruciating. I'm using the time to refine my trading plan and review past trades.
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