The cable look finished or nearly finished at multiple degrees. It struggled to reach new highs as other USD/xxx pairs. A short term trade with an attractive Risk / Reward setups pops up right now.
A second wave of minute degree is complete if 1.401 does not not crossed to the upside. It counts as a flat (black count). The overall pattern has huge downside potential.
Let's see what plays out at the end!
s/l 1.401
A second wave of minute degree is complete if 1.401 does not not crossed to the upside. It counts as a flat (black count). The overall pattern has huge downside potential.
Let's see what plays out at the end!
s/l 1.401
Trade closed: stop reached
Note
-0.5%
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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.