Nice little break of minor support during Tuesday close. With the US dollar continuing to weaken I'm expecting a pullback to the minor resistance area during Asian session then a continued move to the downside to retest previous lows.
Early closure on this trade from Monday. Looking for a re entry once we come back and retest a minor resistance (now support). Should be smooth sailing to at least 0.6690.
Looking for a little pullback during Asian session to get in on a nice R:R. Nice rejection of the 0.7050 region and a nice break of minor resistance. Should be smooth sailing to 0.7270.
Early closure on this trade last week because we didn't like the way it was consolidating. We were able to break the 75.50 price region and now retesting it showing rejection.
With the US Dollar continuing to weaken; we had a nice rejection of the 50% fib region on the daily. Looking for a new leg to be formed to the downside.
A lot of candle rejection being thrown at 0.8980 where the 78.6 Fib region and trend line confluence nicely. Closures below the 78.6% fib region and break of the trend line will probably result in an early closure.
We had a nice rejection from the 50% fib region. I had a Buy limit set before I went to sleep during Asian session to catch EJ on a pullback and give me a good R:R. Woke up to in profits and moving to the upside nicely.
