The 7dollar handle hold, price now turning lower in an impulsive fashion.
The first wave finished and price is now making wave 2, so, wait for it to end before entering any short positions.
Trade Setup :
* Entry : Pending order @ 6.931 (0.618 Fib Retracement)
* Stop : last high (or 7.000 for a more conservative one)
* Target : 6.7 to 6.521
The first wave finished and price is now making wave 2, so, wait for it to end before entering any short positions.
Trade Setup :
* Entry : Pending order @ 6.931 (0.618 Fib Retracement)
* Stop : last high (or 7.000 for a more conservative one)
* Target : 6.7 to 6.521
Transaction en cours
Entry made at 6.925Transaction en cours
Pending order filledNote
This isn't looking good...Let's hope dollar weakness kicks in in time to get this pair down before it reaches our stop loss
Note
This pair is getting very frustrating.Let's hope something happens fast, even if it stops me out.
Holding this too long will cost me more than what I will win...
Note
Second entry made at 6.95296 (78.6% retracement).Stop : moved to break-even.
The G20 summit finally gave us some move in this pair, and looks like it's going our way.
Beware the gap that happend at the markets opening, price has a tendency to fill them therefore you can take some profits now and move your stops to break-even at least.
Publications connexes
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.