FX:EURUSD Euro Fx/U.S. Dollar
Hey. So, pretty much Brainard (FOMC guy) drove EURUSD lower for short-term, and this is the right time to open a huge sell for a few hours. Beware of the fan I drew and , they're lining up for a re-tracement soon. I'll explain and update this post as time goes by.
Trade active: Opened before this huge 230 pip drop, glad I've done it as quickly as I could!
Comment: Risen slightly above the 48 on RSI but all good. It'll reach back below.
Trade closed manually: Ok, something is not right here. Its confusing and I don't want to hold my trades against a 60+ movement in RSI, so I'm just going to sit on the sidelines until EURUSD gains ''confidence'', well, retrace so I can analyze it again. I don't know what's driving it high. I believe its the same for Gold.