There is that tag of the 200ma and a little bounce off of it.
1h chart is well oversold so if nothing else I should get a small bounce that lets me raise stops to breakeven or close to it.
It is still very risky, but that's the nature of the game.
Buying a position here at 1.52, hard stop below the 200ma, ~1.45.
1h chart is well oversold so if nothing else I should get a small bounce that lets me raise stops to breakeven or close to it.
It is still very risky, but that's the nature of the game.
Buying a position here at 1.52, hard stop below the 200ma, ~1.45.
Trade closed manually:
The rally on 6/5 was very encouraging but had no follow through.
On a larger scale, there may need to be a C wave down to make an A-B-C correction.
Out at 1.6. Will just watch it for now.
On a larger scale, there may need to be a C wave down to make an A-B-C correction.
Out at 1.6. Will just watch it for now.