A little bit of a squeez pattern coming through on the daily chart. But heavy bias on the bears coming in and creating some strong sell signals.
I have taken a retarcement entry on the previous days daily rejection candle with stops and the rejection candle highs and targets at 1:3
Best of luck on the charts!!!
Trade closed: stop reached
NFP pushes price higher and stops out this trade idea. I'm not one to usually trade NFP days but this trade idea had some good value but oh well, thats the Forex Market.
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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.