Start heading back to pre-interest rate hike numbers (.7300's) on is the USD bulls going to get back on track after today's drama to .6900 & lower?
Needs to bounce at .8600 to get boost up. Will enter somewhere around there.
Part of me wants to short in the meantime. We'll see.
Just profited off a quick buy to resistance .7029. Now expecting it to short to at least immediate support of .6970-.6980. But aiming for just above next support levels.
Entered @ .70267
SL - .70525
TP - .69000
Plus my indicators (ANN & Kumo Chinkou) provided a couple bullish signals. But the signals have not fully been confirmed. So...
Just hoping economic news in a few hours doesn't mess with this trade.
Reversed head n shoulders, RSI crossing & hoping fundamentals are correct.
Wish I entered earlier!
Simple Upward Trend + 100 MVA Is Enough for Me!
Going with the trend. Entered a little late. So risk reward isn't ideal.
H4 Bollinger Band Reversal, M30 & H1 Parabolic SAR + ADX, M30 (10,25,50 EMA)
BOUGHT @ 1.6996 / SL: 1.6960 / TP: 1.7065