Riding this current trend mainly based on price action, but have to be careful because oil seems to be recovering, as well as there's still risks from on going trade war. Entered short stop order with conservative SL at -61.8 old fib line and TP few pips below 61.8 fib line (38.2 old fib line).
forexlive.com/news/!/the-jpy-is-the-strongest-and-the-cad-is-the-weakest-in-quiet-trade-20180827
Daily:
Weekly:
Confidence: B (because of risks mentioned above)
forexlive.com/news/!/the-jpy-is-the-strongest-and-the-cad-is-the-weakest-in-quiet-trade-20180827
Daily:
Weekly:
Confidence: B (because of risks mentioned above)
Trade closed manually
Sell stop missed, trade manually closed.
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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.