The pair is currently centered in its 2018 range. I will wait for it to return to the top of the range to add to a short (1.66808) https://www.tradingview.com/x/uTtjLTdD/
Note
btw, the fib shown on the chart is an expansion that includes the actual trading hi on 2/1/19 of 1.6795 (on my MT4 anyway).Note
Still waiting for this to get back to the top of the range. If I could hedge I'd go long to the top and then add to my short. As it is, FINRA has decided I only get to wait for it to get to the top so I can add.Note
Finally got a weekly close up over 1.60. Looking for ~1.6152 next. Would like to see it get into that 38.2—23.6 fib range to short some more.
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Disclaimer
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.