EURUSD Short
-14 Week congestion with a decisive break to the down side
-Bollinger band contraction on the weekly
-Looking for a boundary or 30EMA retest and downturn before initiating short
-Positive carry trade
I like the idea of being long USD, just looking for the best pair to express that view through
Will risk 30 basis points should R/R be favorable
-Bollinger band contraction on the weekly
-Looking for a boundary or 30EMA retest and downturn before initiating short
-Positive carry trade
I like the idea of being long USD, just looking for the best pair to express that view through
Will risk 30 basis points should R/R be favorable
Trade active
Was slack in updating Tradingview journal, Short 20 basis points @ 1.19450 with a stop @ 1.20045Note
Trigger was a break of H4 continuation symmetrical triangle AFTER NFP reportTrade closed manually
Closed as I do not take home trades over the weekend that aren't in profit
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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.