EURUSD - Could have a little more upside before it drops
This post is inspired by the discussion with a group of my students. We were looking at where EURUSD could possibly turn
Spotted the following 2 patterns on the pair
- a Bearish Crab on the H4 chart. Completion @ ~1.2125
- a Bearish Shark on the D1 chart. Completion @ ~1.2085
Let's monitor this closely. Tonight FOMC. I would love to see another higher high to complete the above mentioned patterns and the indicators shows us a bearish divergence !!
Spotted the following 2 patterns on the pair
- a Bearish Crab on the H4 chart. Completion @ ~1.2125
- a Bearish Shark on the D1 chart. Completion @ ~1.2085
Let's monitor this closely. Tonight FOMC. I would love to see another higher high to complete the above mentioned patterns and the indicators shows us a bearish divergence !!
การซื้อขายยังคงดำเนินอยู่:
Currently running at +115pips profits. Tightened SL to 1.1988 protecting a minimum of +68pips profits. Making this a risk free trade.
ปิดการเทรด ด้วยตนเอง:
Closed at 1.1932 with a +123pips profits.
Will monitor this closely, look for retracement to re-enter short again
Will monitor this closely, look for retracement to re-enter short again
Naturally it does this as the market is waiting for NFP tonight.
(Apologies..... dunno where I saw FOMC yesterday, it is NFP tonight)