I would like to see a swing failure pattern (SFP) into 1 week demand.
We can have a good reaction at the monthly support level and a confluence with a psychological support ($0.9)
If trade goes as desired, evaluate reaction at monthly open & naked poc level.
We can have a good reaction at the monthly support level and a confluence with a psychological support ($0.9)
If trade goes as desired, evaluate reaction at monthly open & naked poc level.
Trade active
1% risk - we were in around 9.30Expected 1D close above monthly support level
DXY confluence - rejected daily support
Trade closed manually
Just closed @ 0.8958 - premature loss -0.25%Not the reaction I wanted, waited for DXY daily candle close above daily support level as my last point of interest to hold the trade.
Nevermind, if it ends up showing the reaction I wanted I will try to re-enter. As for now, we watch.
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.
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.