Still playing nicely to the Pitchfork (idea linked) resistance on Daily timeframe.
We could potentially see strength in Dollar this week for either a correction or a reversal. I would be looking to short this pair on H1 or H4.
We could potentially see strength in Dollar this week for either a correction or a reversal. I would be looking to short this pair on H1 or H4.
Comment:
Monthly view: Crucial resistance level
Comment:
Triple top on H4 can be seen on original chart too.
Trade active
Comment:
We may see some minor support from H1 ascending trendline.
Comment:
Break and re-test done. More downside to come, let's see how it goes.
Comment:
Took partial profits, +70 pips
Trade closed manually:
Closed all positions
Comment:
Will be looking to re-enter short on this pair
