As i mentioned before, 112.00 strong resistance the price already start falling, so I expect the market will retrace to 111.40-111.60 levels to gather more steam, a chance for more bears to get involve..
I'll put my sell order on 111.40 with a little bit wide SL to avoid any volatility during FOMC
P.S you could wait till the market goes even higher to 111.60 in order to have a better entry, but for me i'm good with mine as i always have been a
B student in my classes
our TP is 108. levels
good luck homies
I'll put my sell order on 111.40 with a little bit wide SL to avoid any volatility during FOMC
P.S you could wait till the market goes even higher to 111.60 in order to have a better entry, but for me i'm good with mine as i always have been a
B student in my classes
our TP is 108. levels
good luck homies
Trade active
Trade closed: stop reached
Comment:
But also the falling channel still intact we could sell soon enough if 112.00 resistance level hold.
you'll notice that 98% of target rate probabilities is 100-125, so this means bearish for U.S dollar, but still hike so the lesson I learned here is "be careful with try to trade news. The markets often don't react the way you would assume"