Looks like our trailing Stop got hit in the Asia session @0.7260, for a +55 pip profit, so far. Looking to reEnter SHORT ~0.7280-0.7290, with (the same) First Leg down target: 0.7232
Note
(Houston, we have launch plan!!) ReEnter SHORT (Sell) @0.7285-95, with a price target: 0.7230. ... it's currently @0.7275...
Trade active
Try to SELL right here @0.7280, w. super-tight stops; 10-15 pips!
Note
Retail traders are increasingly long this pair, 7:3! That should give some confidence to our shorts, as well.Looks like the predicted channel is also holding, so far, not to mention a Double Top here, on the lower time frames. E.g., so far so good.
Note
Incidentally, those who are Not long the USD, are (very!) wrong - for now... Look where it is!
Note
Good looking Sell Signal, just now, off of the 30 min.
Note
If one sees this anywhere near here - 30 min. ... we will be SELLing it, something fierce!!
Trade active
... and we are SHORT
Note
You SOLD this incredibly hard, right?!
Trade closed: target reached
BOOM!! Whaaat uuup??... Not the AUDUSD, right?! You know what to do here, right?! (Take profit BUT let your runners roll on with a break even stop.)
Note
AUDUSD - Speculative Net Long positioning (COT) is steadily increasing (...while holding steady, last week.)
Note
We are perched here, in this Active Post, for now; ... most likely for the better part of the week.
Trade closed: target reached
Note
=============================== September 28, 2020 -------------------------------->
Trade active
LONG - Target: 0.7100
Trade closed: target reached
Target reached; +35 pips - Get ready to turn around to SHORT this thing ~@0.7087-92
Note
Looking to enter SHORT .....
... around here! BUT, be very careful here, in that massive Bullish Butterfly PRZ, which is where this thing trading!!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.