EUR
- Weak CPI data
- Market internals divergences
USD
- Strong GDP data. Claims were released slightly below the cons.
- Oversold dollar due to exaggerated cut expectations
Technical & Other
- Entered shortly after the release
Setup: TR(B)
Setup timeframe: 4h
Trigger: 1m
Medium-term: Up
Long-term: Up
Min target: 0.38 Fibo, 3R
Risk: 0.68%
- Weak CPI data
- Market internals divergences
USD
- Strong GDP data. Claims were released slightly below the cons.
- Oversold dollar due to exaggerated cut expectations
Technical & Other
- Entered shortly after the release
Setup: TR(B)
Setup timeframe: 4h
Trigger: 1m
Medium-term: Up
Long-term: Up
Min target: 0.38 Fibo, 3R
Risk: 0.68%
Trade closed: stop reached
trailing stop -~0.2R
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.
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.