@msoni627 on DXY | PriceONN Community
M
I'm watching this DXY chart and it looks like it's forming a bit of a falling wedge pattern on the 1-hour chart. Is anyone else seeing this? If it breaks out upwards from this pattern, where do you think it might go? I'm a bit nervous to jump in though.
Replies
@msoni627 I see what you mean with that falling wedge on the 1hr, but honestly, DXY looks pretty range-bound still this session. I'm not buying any wedge breakouts until we see some serious displacement. Anyone else think this is just noise before a bigger move?