We looking to see a potential short break out of the equilibrium we have been in,
1.12650 is our imidiate support level. We looking for momentum indication through
This support for a 140ish pip move to downside target around 1.1125. Weekly
Is forming a very nice bearish picture along with some bullish exchange of momentum
In the greenback. We have the possibility to see som consolidation in the 1.12650-1.13350
range to complete a right shoulder of the possible H&S forming.
1.12650 is our imidiate support level. We looking for momentum indication through
This support for a 140ish pip move to downside target around 1.1125. Weekly
Is forming a very nice bearish picture along with some bullish exchange of momentum
In the greenback. We have the possibility to see som consolidation in the 1.12650-1.13350
range to complete a right shoulder of the possible H&S forming.
Trade active
Still valid for shorts, just need momentum confirmation and rejection.