Reason : Final short wave is in progress which will continue and exhaust itself.
Timeframe : 7-8 days. Yes, momentum will be gradual as it's sign for reversal of all short position which were intiated @ 1.4387
Timeframe : 7-8 days. Yes, momentum will be gradual as it's sign for reversal of all short position which were intiated @ 1.4387
Trade active:
Upside momentum has shifted. shorts will be start triggering mostly from Monday market opening hours
Trade closed manually:
Trade closed as don't see further momentum building. pair to trade between 1.10-1.40 for few more days perhaps more than a week and a half. No point to trade such choppy market.