EUR/USD Full TL Trade Plans Post NFP
Jobs Data came out above forecast and we have seen a muted reaction from the USD as it only confirms what has been seen recently.
No real shocker from it, leaning slightly on the USD weakness side.
Tech Bias - Long term downtrend in-trend, TL being hit. Early price rejection and some short side indication(s).
Sentiment/Fundamentals - Support a quicker easing ECB and a less clear FED.
Real Sentiment change (large EURO inflows / USD weakness) required to break TL and rise higher.
No real shocker from it, leaning slightly on the USD weakness side.
Tech Bias - Long term downtrend in-trend, TL being hit. Early price rejection and some short side indication(s).
Sentiment/Fundamentals - Support a quicker easing ECB and a less clear FED.
Real Sentiment change (large EURO inflows / USD weakness) required to break TL and rise higher.
Note
Light short entries taken on recent rejection and price action movements on lower timeframes.Note
No incredible reaction due to lack of sentiment shift. May be ideal to trail part stop, or just wait until higher prices to re-short.Note
Video update on plans:Note
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.