Important: After the consolidation and the Breakout we still trade against the trend! Make sure to trade with less risk as possible and don`t get greedy! ;-)
The sell-off or Breakout is caused by the FEDs statement saying they won`t increase the interest-rate this year anymore and stop the balance sheet reduction until october!
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Type: Swingtrade
Sell-Stop: 5.41453
Stop-Loss: 5.46309
Target 1: 5.35424
Target 2: 5.32466
Targt 3: 5.28447 - 5.27513
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Peace and good trades Irasor
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Note
Note
Aight.
The PMI of today (germany) is the worst since 2012! It looks like the markets fear of a recession is growing!
The entire market and EUR falls! DXY jumps up high..
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