-14 Week congestion with a decisive break to the down side
-Bollinger band contraction on the weekly
-Looking for a boundary or 30EMA retest and downturn before initiating short
-Positive carry trade
I like the idea of being long USD, just looking for the best pair to express that view through
Will risk 30 basis points should R/R be favorable
-Bollinger band contraction on the weekly
-Looking for a boundary or 30EMA retest and downturn before initiating short
-Positive carry trade
I like the idea of being long USD, just looking for the best pair to express that view through
Will risk 30 basis points should R/R be favorable
Trade active:
Was slack in updating Tradingview journal, Short 20 basis points @ 1.19450 with a stop @ 1.20045
Comment:
Trigger was a break of H4 continuation symmetrical triangle AFTER NFP report
Trade closed manually:
Closed as I do not take home trades over the weekend that aren't in profit