Currently retesting a previous daily level after hitting the first area of interest.
Took profit on the way up to the first TP, and will be Laddering quite a few small positions as prices fall. Due to the spread, you wont be able to get great entries from here on out.
Trade with a reasonable stop. Keep into account the big spread. Given price melts down due to a DXY collapse, I will begin offloading slowly anywhere under 61% given a lack of rejection from the level (to the upside).
Prev. analysis linked.
Took profit on the way up to the first TP, and will be Laddering quite a few small positions as prices fall. Due to the spread, you wont be able to get great entries from here on out.
Trade with a reasonable stop. Keep into account the big spread. Given price melts down due to a DXY collapse, I will begin offloading slowly anywhere under 61% given a lack of rejection from the level (to the upside).
Prev. analysis linked.
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Note
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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.