Short

Bearish momentum

Updated

Price opened below daily and weekly pivots. Volume confirms short position. Target yearly pivot support S1. From my pivot calculations I expect AUD and NZD pairs are going to drop about 180 pips. All major USDXXX pairs are at very crucial level - yearly pivot but volume pressure is heavily bearish and I see USDCHF is piercing down through yearly pivot but I will obstain from trading USD pairs for a few hours to see how the price action develops around yearly pivot.

Trade closed: target reached

I am banging 35 pips. Price hit daily s1.

Trade active

Reentered short

Trade closed: target reached

Took another 35 pips

ICFX

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