The market has broken out the neckline of short-term double top and is pulling it back now, although the upward trend line has not been breached.
A good short place is at the 0.618RET where also the Supply Zone works.
So it is good to sell at 1.125-1.127 levels when the market pulls back and price action gives signals in the PRZ.
SL: above 1.128
TP1: 1.123
TP2: 1.121 and further more
A good short place is at the 0.618RET where also the Supply Zone works.
So it is good to sell at 1.125-1.127 levels when the market pulls back and price action gives signals in the PRZ.
SL: above 1.128
TP1: 1.123
TP2: 1.121 and further more
Trade active
Trade closed: stop reached:
The usd is too weak.
Comment:
All the TPs reached.
I forgot the SL did not reach.