I think this will be the start of a bearish trend down to at least 1.3600. At this point I'm looking for it to either continue down to 1.3500 or bounce back up to 1.3600 - 1.3700.
Trade active
Trade is active @ 1.37073SL: 1.37930
TP: 1.36176
Trade closed: target reached
Closed this one early morning during the London open. Picked up my s/stop but currently waiting for this candle formation to complete before hopefully continuing bearish. Will post my trade shortly.Trade active
Entry: 1.36100SL: 1.36840
TP: 1.35367
Note
Still holding short on this. Seems to be working it's way down now after a small spike up.Trade closed: target reached
Hit target @ 1.35367. Waiting to pick up third and final order. Have a feeling this won't happen will next week.Trade active
Picked up my third and final order @1.35256. Stops @ 1.3600, Target @ 1.34234We had a nice close on the Daily candle, so I'm definately expecting further bearish movement down to to 1.3400 zone. where around the last week in may there was some minor support.
Trade closed: target reached
Trade Closed at target.
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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.