High risk set up or how to catch a knife

So the price is still moving down that offers no room for safe enter ;(
However, I truly believe in bullish trend for DXY at list till the end of COVID era.
The uncertainty is fuelling the most valuable, rich and respectable markets
Hence pushing its currency up.

Risk/Reward ratio is high, but the price at the bottom of the channel and RSI is overheated.
Fib is also supporting the price

By the way if DXY rise there is room for indices to fall.
And vice versa