Related to my last idea of selling to .95000 range. This is a new nice spot to try my idea out again, as I've been waiting for a new area to sell down. Let's see if this area holds well and if it does, this is a garuntee Lower Low I feel.
Tight Stop loss right above the resitance in case of a explosion upward to another possible sell area.
Tight Stop loss right above the resitance in case of a explosion upward to another possible sell area.
Trade active:
Reactivated my trade at 0.98436. The current location looks more better as temporary buy momentem seems to came to a end, and the Bear Trend is continuing.
Trade closed manually:
Closed earlier as this buy push seemed to have been more than I thought.
Trade active:
Going to make a tighter stop loss and see if I can break even from my lost.
Comment:
So far so good! Overlooking the current trade now. Going to get some ZZzzz and wake up hopefully to a nice 60+ pip drop down.
Comment:
I have not updated this idea yet, but now that the FOMC annouced a incresase in Interest rates. I still belive in my chart will work out. I have a new posistion at 0.98651 and is trading down to cover for the loses I had looking for a trade earlier.
Let's see if my roadmap carries out.