-Heavy selling pressure as you can see from my arrows -1370.00 proved to be really strong resistance -Downtrend starting to appear -Descending wedge -Break of significant trendline daily candle break and close -Multiple targets -Target 1 coincides with .0618 fib retracement
-Be careful of this blue box area as this has the potential to hold as support -To be on the safe side you could wait for a clean break and close of this box to enter
İşlem aktif
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700 plus pips....I've been adding to shorts regularly, descending triangle here.....Break and close of this level of support then we add more shorts
İşlem aktif
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This is how it ended up with the break to the upside.....simple
Yorumlar
TheBanker
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such a shame you decided to keep adding shorts along the way ahead of the election, would've been a nice trade without all the dd
jackmyattFX
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@TheBanker, Was a very profitable trade mate. My rules mean that profits are taken consistantly. Great trade actually
TheBanker
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@jackmyattFX, hats off to you if you held, something tells me you couldn't stand the heat between 1250 and 1336
jackmyattFX
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@TheBanker, hahah yes I know what you mean but my risk is always strict so in any case I'm happy for it to hit my stop and move on to the next opportunity :)