Short
what happens when it rises too fast? :)
a correction will be needed soon in the newly formed rising wedge, I expect some cool down period happening today - providing a safe journey from today's US economy data.
Be noted that IG sentiments shows over 52% sells today (55% in past hour) and myfxbooks shows 82% sells, so it might a a dangerous pair to trade with even though technicals suggests a correction needed.
TP: 1.39 is a realistic and psychological level to TP. After that, it really depends on the market move from that point.
SL: a few pips based on lower edge of historical supply zone.
GL.
Be noted that IG sentiments shows over 52% sells today (55% in past hour) and myfxbooks shows 82% sells, so it might a a dangerous pair to trade with even though technicals suggests a correction needed.
TP: 1.39 is a realistic and psychological level to TP. After that, it really depends on the market move from that point.
SL: a few pips based on lower edge of historical supply zone.
GL.
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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.
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.