Hi All ,
I am entering a short position on this pair , as you can see price is on a downtrend , but was stuck in a range , where market is yet to decide where it wants to go . 30m -H1 is a sell , H4 to Monthly is a buy . Normally i would start away from this trade if i am getting two different signal .
But fundamental USD is looking like to have some pause this week due to Powell speech & the partial shutdown soon .
So from my entry point my TP1 will be just at the end of the range as you can see price has bounced from that point on 5 occasions , so will monitor the trade for a break .
GL
You can All follow me on Instagram ;
@chartbychart_Mentoring
I am entering a short position on this pair , as you can see price is on a downtrend , but was stuck in a range , where market is yet to decide where it wants to go . 30m -H1 is a sell , H4 to Monthly is a buy . Normally i would start away from this trade if i am getting two different signal .
But fundamental USD is looking like to have some pause this week due to Powell speech & the partial shutdown soon .
So from my entry point my TP1 will be just at the end of the range as you can see price has bounced from that point on 5 occasions , so will monitor the trade for a break .
GL
You can All follow me on Instagram ;
@chartbychart_Mentoring
Trade active
You can All follow me on Instagram ;@chartbychart_Mentoring
Trade active
SL 20 +Pips :) Let it ride now . You can All follow me on Instagram ;
@chartbychart_Mentoring
Trade active
SL set to TP1 . Now we let it ride .You can All follow me on Instagram ;
@chartbychart_Mentoring
Trade active
For Donations paypal.me/chartbychart. I appreciate your donations.
You can All follow me on Instagram ;
@chartbychart_Mentoring
Trade closed: target reached
For Donations paypal.me/chartbychart. I appreciate your donations.
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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.