- Had not seen this when I did the earlier post today on the weekly SHS top.
- On the daily chart, there is a double (or even triple) top around the 1.3200 level. Neckline for the formation is at 1.2953.
- Tonight's surprise spike in US initial jobless claims to 360K has caused general USD weakness. Have made use of the opportunity to increase long USD positions here.
- Trade : Sold EUR/USD -1.2918 vs the daily DT NL at 1.2953. Also increased gold short at 1387.
- This EUR trade is quite separate from the weekly SHS trade I am stalking as per the earlier post today. This is based on the daily DT, with a tight stop here above the DT NL nearby.
1 comment:
Short at -1.2918
Stopped out at +1.2894
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