We seem to have some strength in the dollar on the day-to-day fluctuations, which set up a nice opportunity for hedging the longs we have on this pair.
I traded this on the open:
Longs are still intact from the previous post 25/01-20 (check related ideas)
I dont expect much from this pattern and I believe a move down to TP2, which is 38.2% on the chart, is very optimistic, but possible.
Still should use this opportunity as a chance to get onboard the bullish ab=cd on a larger dimension.
Please leave a like as a sign of appreciation for me taking my time and I will do the same and thank you for yours aswell.
Happy trading
May God bless
I traded this on the open:
Longs are still intact from the previous post 25/01-20 (check related ideas)
I dont expect much from this pattern and I believe a move down to TP2, which is 38.2% on the chart, is very optimistic, but possible.
Still should use this opportunity as a chance to get onboard the bullish ab=cd on a larger dimension.
Please leave a like as a sign of appreciation for me taking my time and I will do the same and thank you for yours aswell.
Happy trading
May God bless
