Idea: Expecting further short pressure & possible price retest of recent long entry in the next session.
Pros: Further downward pressure could return the price to extend the 4hr trend.
Cons: The breakout short from NFP figures can be whipsawed if not managed tightly on Monday.
DISCLAIMER:
Please note I am only providing my own trading information for insight to my trading techniques,
you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Pros: Further downward pressure could return the price to extend the 4hr trend.
Cons: The breakout short from NFP figures can be whipsawed if not managed tightly on Monday.
DISCLAIMER:
Please note I am only providing my own trading information for insight to my trading techniques,
you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Trade closed: target reached
1.3477
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.