Currently price is trading against support level between 6023 to 5985 Possible Double bottom could form Would look to SHORT on a close and retest below 5985 To the UPSIDE a close above 4H BOS and descending trendline could be a BULLISH signal
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I am currently SHORT @ .5961 (missed my ideal entry) emergency stop is @ .6040 Target is as per chart. DXY is currently around the 103 area Will look to add on any retest of 1H structure. My risk is only 0.25% at moment
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Added position @ .5964 stop moved to .6007 total risk is now 1% Target remains @ .5862 DXY now trading above 103
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Closed 80% of my position at 50 pips STOP moved to breakeven