Sell under 9505, target as in the chart.
If the breakout will not confirm by the volume, it will be a nice level for an end-of-week pullback post-poning any other short scenario.
I see many interests on these levels, but i tend to execute short trades since the long period features will remain in bear-situation, so decreasing minimums, price below regression on Intraday and Multiday frames and momentum short.
Timing is essential for these kind of trades, so it's important to say that it will be "tradable" until the 30 minute bar close.
So if in the next minutes you will see price below 9505 is confirmed, if not it's not and i will wait for other patterns in the next hours.
***I say this 'cause i think that if the sell doesn't configure its scenario, we can might have a strong pullback based on the fact that these levels has a strong revelance to determine the next swings on the disruptive currency.
Simple logic, we have a trend, let's detect it preciously, fix the important features in all the frame's context to properly take and predict statistically the market, and finally execute, using fractal patterns tested and measured, with an Intraday and Multiday positioning.
Cheers
If the breakout will not confirm by the volume, it will be a nice level for an end-of-week pullback post-poning any other short scenario.
I see many interests on these levels, but i tend to execute short trades since the long period features will remain in bear-situation, so decreasing minimums, price below regression on Intraday and Multiday frames and momentum short.
Timing is essential for these kind of trades, so it's important to say that it will be "tradable" until the 30 minute bar close.
So if in the next minutes you will see price below 9505 is confirmed, if not it's not and i will wait for other patterns in the next hours.
***I say this 'cause i think that if the sell doesn't configure its scenario, we can might have a strong pullback based on the fact that these levels has a strong revelance to determine the next swings on the disruptive currency.
Simple logic, we have a trend, let's detect it preciously, fix the important features in all the frame's context to properly take and predict statistically the market, and finally execute, using fractal patterns tested and measured, with an Intraday and Multiday positioning.
Cheers
Comment:
Sell not configured yet, waiting for a pullback on the important level mentioned
Trade closed: target reached:
50% of expected target reached @ 9305
