Euro / U.S. DollarShort
EUR/USD Position Proposition
Updated
Wyckoff Schematic spotted on 5m while we are waiting the interest rates to be released in less than an hour.
Since we got the SOW the position can be placed on the LPSY that follows after the confirmation. I am in this position already from the visit to the bottom line with 50% of my total position size.
Stop Loss above the AR point.
Target on the 30m bottom line of the next negotiation area, that coincides the parity price.
Since we got the SOW the position can be placed on the LPSY that follows after the confirmation. I am in this position already from the visit to the bottom line with 50% of my total position size.
Stop Loss above the AR point.
Target on the 30m bottom line of the next negotiation area, that coincides the parity price.
Note
The 5m picture looks like this:Note
Lost Position. This position was justified from a technical view but the announcement of the expected interest rate and the later press conference brought the negative result with moves to the opposite.
Apparently both measures and speech were discounted.
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