This could be a good short opportunity down to 0.764-0.765. And assuming 0.77227 just became our new high (daily, 1hr), then could see that open the gates to fall down further.
Liking this for a short on Monday
Scalp opportunity: TP1 0.764
Larger swing: TP1 0.76164 TP2 0.757 TP3 0.74
Comment
Noteworthy - data releases impending 9.30pm EST Sunday / 11.30am AEST Monday (Building Approval m/m & Retail Sales m/m).
Trade active
Gapped down, entered short. SL 0.76863
Comment
TP1 reached and took some $ off the table. Small parcel open at 0.76328, SL 0.76528, let's see if we can hit 0.757 & 0.74, or if it's time to rethink the strategy.
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