BoccaLupo

EU Double top

Short
BoccaLupo Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Short 1250 aiming for 1.1004 based on double top and time factor of 11 day counter-trend
Comment:

Trade tracking well breaking last weeks low
Comment:
1.1053 likely TP1 target as also the 100% of the 1324 ABC swing and 1.625 of this swing
Comment:

Target 1.1004 on the 22/05 according to Gann angle
Comment:
Based on weekly I am seeing strong number at 1.1069 which lines up with 150% of the daily swing, I will be watching this number closely
Comment:
Second order short at 1150 and still short 1250 stop at 1202
Comment:
Moved to stop to 1208 above 1188 multiple day highs. Reverse signal day but should go lower where I will close and reverse positions between 1135 and 1147
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.