- Monthly and Weekly bearish charts unchanging.
- Daily : Recent consolidation between 1.05 and 1.10 seems to be over. A very unconventional triple top of sorts (loosely) at 1.1050 broken neckline at 1.0713. Sell stop-in triggered at 1.0712. Target 1.0374. [But of course big picture downside objective is much much lower].
- Watch recent low at 1.0462 as well.
- Most crowded trade in the world so extreme caution warranted. Stop close back above neckline.
- Such a coincidence to get 2 trade signals on first day back.
09 April 2015
EUR/USD : Sell Stop-in @ 1.0712
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1 comment:
Added short -1.0616
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