Shorted @ 149.45 SL Above 150.00 TP 148.75
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Week of March 19 - 23
This pair is negative as long as it is below 150.00
Now the pair is confined between 147.00 & 149.50
Any clear break in either direction we will see acceleration:
Clear Break of 147.00 will take price to 145.00
Clear Break of 150.00 Will take price to 153.00 & 156.00
Working on this pair needs high level of caution and very deep assessment each time the pair hits one of the above areas.
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Week of March 19 - 23
This pair is negative as long as it is below 150.00
Now the pair is confined between 147.00 & 149.50
Any clear break in either direction we will see acceleration:
Clear Break of 147.00 will take price to 145.00
Clear Break of 150.00 Will take price to 153.00 & 156.00
Working on this pair needs high level of caution and very deep assessment each time the pair hits one of the above areas.
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Comment:
Market stalemate by the 149.44 - 149.62 area, I believe it is forming stronger resistance by the 149.65 - 149.80 area, on the Harmonic side Bearish Bat on M30, Bearish Bat on H1, and bearish Gartley on H4 are already confirmed
Trade closed manually:
Closed @ 149.20
Better to get off market as Fed is on the Horizon by 14:00 New York Time
Better to get off market as Fed is on the Horizon by 14:00 New York Time
Comment:
+25 pips profit
Comment:
I love to mention that sell had been accelerated as confirmed by the time of taking the trade, like Avalanche from 149.55 straight to 149.12 and managed to close position by 149.20