EURUSD Pivots - short-term 1.19-1.20, long-term 1.10-1.14

EURUSD is in a short-term and longer-term Short opportunity with an upside between 1.19 to high 1.20s.
Watch DXY for a break this trend, but I expect EURUSD to drop substantially in the coming months.


Note: This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law or regulation

Yorum:

First TP hit @ 1.1833 short from 1.19

Yorum:

Second TP hit @ 1.182 short from 1.19

Pivoting to long with tight SL in case of sell off dip

Yorum:

Longing the dip until pivot - keeping tight SLs.

Yorum:

Pivot in play. Looking great!

Yorum:

Due to the minor downward pressure, I've closed 50% part of my long this morning.

Still see a bit more headroom here, so leaving the other half open.

Yorum:

Profitable SL hit on my in-the-green long 20 pips.

Waiting for another long re-entry. Per source, looks like a $1 billion option contract @ 1.185 is in play, giving this downward pressure. Still expecting this to go up to 1.19-1.20. Will update on next move.

Yorum:

First long re-entry hit @ 1.182

Staggering long entries down to 1.18 just in case.

SL @ 1.175 range, but open to closing early if needed.

Yorum:

Been riding the waves here. Currently in a short from 1.173.

Have 30% in a 50-80 pip SL with a plan to re-enter if things pump, or take a minor loss to re-short.