I like the bearish momentum we have seen leaving 0.8850 from midnight NY time. We had a pause and consolidation around 0.8820 right before another drop. I would like to see the price gravitate under 0.8780 and under Friday's low for Sell Stops for liquidity and if it is moving fast I would like 0.8750 as well.
Trade active:
Time is 3:54 am NY and we have seen nice momentum through 0.8800 so far
Comment:
Time is 4:43 am NY we are approaching 0.8780, stop should be at breakeven or better here.
Trade closed: target reached:
TP hit
Comment:
1:11 am NY 0.8750 has been reached.