We can aim to rejoin the long term decline in the Euro here, and for the next 5 days, shorting gradually each day until we have a full position. Risk a rally to 1.0979 and aim for targets below $1. The 'Time at mode' signal in the 2-month timeframe points to a massive decline, so, be patient.
Risk 1-3% between all positions, if the stop is hit at 1.0979.
Good luck,
Ivan Labrie.
Risk 1-3% between all positions, if the stop is hit at 1.0979.
Good luck,
Ivan Labrie.
Comment:
Need to wait until next week to fade this pair's advance.
Comment:
Trade active:
Top is in for now, stop 1.0775
Top is in for now, stop 1.0775
Looks to be breaking down. We can reduce the stop and add. Stop at 1.0685 is ok.