@WarmDune25 - DXY | PriceONN Topluluk
W
I'm still quite new to this but trying to learn! I've been looking at the DXY chart and I'm a little confused by the SMAs. The 20 and 200 are almost the same but the 50 is lower. Does that mean the short-term trend is down but the long-term trend is still uncertain? Also, the Bollinger Bands seem pretty tight right now. Does that mean a big move is coming soon? I've read that tight bands often precede volatility, but I'm not sure how to interpret it in this specific case. What are some things I should be looking at to confirm a potential breakout?