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N0ST0PL0SS
Jul 29, 2021 3:23 AM

USDHKD// Adding Positions (Update) Long

U.S. Dollar / Hong Kong DollarFOREX.com

Description

Currently retesting a previous daily level after hitting the first area of interest.

Took profit on the way up to the first TP, and will be Laddering quite a few small positions as prices fall. Due to the spread, you wont be able to get great entries from here on out.

Trade with a reasonable stop. Keep into account the big spread. Given price melts down due to a DXY collapse, I will begin offloading slowly anywhere under 61% given a lack of rejection from the level (to the upside).

Prev. analysis linked.

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