- 100% ext of previous Range(A)
- RSI broken trendline and test + divergence
- Pitchfork trendline resistance
- Strong correlations with USDCAD, AUDJPY and SPX, potential reversals setting up on them is well so need to watch closely for confirmation.
Considering to take a swing trade or to scalp rallies, depends from the momentum and what risk trends going to do next week. If there will be no correction, but move above 0.7730, then I going to sell from higher levels: around 0.7940.
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." -George Soros
- RSI broken trendline and test + divergence
- Pitchfork trendline resistance
- Strong correlations with USDCAD, AUDJPY and SPX, potential reversals setting up on them is well so need to watch closely for confirmation.
Considering to take a swing trade or to scalp rallies, depends from the momentum and what risk trends going to do next week. If there will be no correction, but move above 0.7730, then I going to sell from higher levels: around 0.7940.
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." -George Soros
