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
Liking this for a short on Monday
Scalp opportunity:
TP1 0.764
Larger swing:
TP1 0.76164
TP2 0.757
TP3 0.74
Note
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 0.76863Note
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.Note
In again... 0.76082 sl 0.76232Note
TP2 reached, some more $ off the tableDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.