I see a weakness here, lower lows lower highs and will re-think if and when the price revisits the low 1200s
News tonight, but I'm committed to this moving lower, fingers crossed
for my own records, expecting this bounce off of the 1.10750 area trade active
Good reward if this support holds
looks like it might break up to 1300 so a tight stop at 1247, let's see if we can take it initially down to the bottom of the triangle and keep a position in case it breaks downward from there
I'm thinking that the Chinese may devalue again for the fourth consecutive day, and even If not the effect on the euro of the recent changes re. CNY may start to work through in the asian session
Scratchicloud example: Scalping on 1 min TF GA 3hrs leading up to NY open +97pips -2 pips Probably best results would be had during market open in London and NY