Hello Traders,
I love this particular pair because of how big the move is.... WATCH OUT
If you follow me or have seen any of my previous updates, you will know that I was bullish on this pair but as we have it, the market did not and has not reacted the way I thought. If this market turns bullish by way of structure or CHOCH, I am going SHORT.
Note: If this bearish move happens, it will take out all the induced sells/shorts (see arrow)
If you follow me, you will also notice I make use of the dollar index. As we have it, it has approached a weekly supply so I'm wary and expecting a retracement for now.
If we don't this shift in market structure, then I will update you again.
Cheers.
David
I love this particular pair because of how big the move is.... WATCH OUT
If you follow me or have seen any of my previous updates, you will know that I was bullish on this pair but as we have it, the market did not and has not reacted the way I thought. If this market turns bullish by way of structure or CHOCH, I am going SHORT.
Note: If this bearish move happens, it will take out all the induced sells/shorts (see arrow)
If you follow me, you will also notice I make use of the dollar index. As we have it, it has approached a weekly supply so I'm wary and expecting a retracement for now.
If we don't this shift in market structure, then I will update you again.
Cheers.
David
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