Let's see if red zone will be hit. This would be perfect level for shorts. It may also spike higher, but let's give it time and act accordingly. Daily line chart below shows nice drop and pullback in progress. Targets are previous low and -0.5 to -0.618 area, corresponding to pre-previous lows level.
On Wednesday afternoon (CEST) CAD data will be out, we'll see where it will park until then and where it will continue.
Daily line chart:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
On Wednesday afternoon (CEST) CAD data will be out, we'll see where it will park until then and where it will continue.
Daily line chart:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Note
Waiting to visit 0.7030 area or breakdown through 0.7000 and short it.Trade active
Shorted.Note
Added more at 0.7025. And now let's ride.Note
Still running, have more faith in it because of not completed abcde and low below D:Note
1/2 closed with 40 pips profit.Trade closed manually
Also the other half closed.
Related publications
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.
Related publications
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.