Broke previous lows on the daily. Market seems exhausted on the weekly. Stop above swing high at 1.198611.
Taking a small position shorting USDCNH as the market feels quite exhausted on the D and W timeframes and price is contracting to the upside on the 4h. Stop above the wick at 6.90476.
Looking for market to run up to the beginning of the wedge and top of the left shoulder. Stop below swing low at 14.00361.
Consolidation seems to be over. Expecting a new all time high. Stop-loss below yesterdays low.
