Yen has been the weakest currency of them all. but not any more.
The daily trend line is also coming into play!
Also fundamentally speaking the ecb is a long way from hiking rates. & most of this move is from the hawkish ecb press conference this month on Feb 4th.
the next ECB Rate Decision and Press Conference is on March 10th. LoL , how much do you think is going to change in a month, after Lagarde has said Q1 Growth is subdued!
(To Be Continued.. See u in March!)
The daily trend line is also coming into play!
Also fundamentally speaking the ecb is a long way from hiking rates. & most of this move is from the hawkish ecb press conference this month on Feb 4th.
the next ECB Rate Decision and Press Conference is on March 10th. LoL , how much do you think is going to change in a month, after Lagarde has said Q1 Growth is subdued!
(To Be Continued.. See u in March!)
Trade active:
so far so good. let's see how this week ends ... but for now
Comment:
WEEK 1 UPDATED!
The 4hr "W" Harmonic Deep Crab played out nice and well
WE BOUNCED OFF OF (.875) FIB LEVEL .. Should we continue along the fib, the 129.2 price @ the (.75) fib level.. Then we know for a fact, we are good. AT THIS POINT, Just getting to sub 130, would be a BLESSING!