@B_Ndlovu on DXY | PriceONN Community
That Friday close was interesting, eh? DXY pushed up pretty strong to 100.07, even with RSI overbought. Wonder if it'll hold above 100 next week or if we'll see a pullback. Thinking of setting some alerts just above and below that level to see what happens on Monday.
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Also, I'm wondering if we'll see a gap up on Monday morning. With the bullish momentum on Friday, it's definitely a possibility. Might be a good opportunity to scalp a quick profit if it does gap up, but gotta be careful of a potential fakeout. Need to see how the Asian session plays out first.
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@B_Ndlovu You think it'll gap up Monday? I dunno man, I'm watching this DXY chart like a hawk right now and it feels like it's about to EXPLODE upwards, not gap down. 💥 That Friday close was strong, yeah, but it's been coiling for days. The RSI is screaming oversold, and we're sitting right on that S2 pivot.
If you ask me, it's poised for a massive rally! All these dip buyers are gonna get squeezed hard. I'm itching to load up a big long position as soon as I see a solid entry. Forget scalping, I'm thinking about a major move here. Let's see if the Asian session confirms this before NY wakes up. 👀
If you ask me, it's poised for a massive rally! All these dip buyers are gonna get squeezed hard. I'm itching to load up a big long position as soon as I see a solid entry. Forget scalping, I'm thinking about a major move here. Let's see if the Asian session confirms this before NY wakes up. 👀