Hey. So, pretty much Brainard (FOMC guy) drove EURUSD lower for short-term, and this is the right time to open a huge sell for a few hours. Beware of the fan I drew and RSI, they're lining up for a re-tracement soon. I'll explain and update this post as time goes by.
Trade active
Opened before this huge 230 pip drop, glad I've done it as quickly as I could!prnt.sc/d8j5hc
Note
Risen slightly above the 48 on RSI but all good. It'll reach back below.Trade closed manually
Ok, something is not right here. Its confusing and I don't want to hold my trades against a 60+ movement in RSI, so I'm just going to sit on the sidelines until EURUSD gains ''confidence'', well, retrace so I can analyze it again. I don't know what's driving it high. I believe its the same for Gold.prntscr.com/d8jpnq
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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.