ICFX

Volatile Friday

Short
ICFX Updated   
FX:EURUSD   Euro / U.S. Dollar
Price plays out as forecated yesterday.
Tomorrow price will hoit the bottom of last swing low.
Supply line accelarated, new demand line broken, price projections fall even further for tomorrow
and we just broke the weekly floor S4. Friday free fall. Tomorrow the biggest weekly drop to be expected. EU crisis Friday...

THIS IS NO FINANCIAL ADVISE
Trade active:
Today I took TPs before the US enemployent data was released. I thought those red news might push EURUSD up for a major pullback but it had no impact at all. Now reentered shorts.
Trade closed: target reached:
Took TP of 60 pips at the close of London session, just before NFP news. On Sunday reevaluate the situation. I will wait for the next minor setup. Right now entered USDJPY buy for the weekend it is the bets when Japan opens on Sunday.

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.