Technical view:
if channel is broken we may see a bearish move, as we are currently at 2.27extension + divergence on 15min TF + other TFs are overbought.
One thing which is not corresponding are the moving averages MA, which are currently under the channel.
Fundamental view:
Monday - Retail sales - not so bad
Tuesday - RBA Interest rate decision very volatile event
Thursday - ECB Interest rate decision very volatile event
Friday - NFP - Nonfarm payrolls
if channel is broken we may see a bearish move, as we are currently at 2.27extension + divergence on 15min TF + other TFs are overbought.
One thing which is not corresponding are the moving averages MA, which are currently under the channel.
Fundamental view:
Monday - Retail sales - not so bad
Tuesday - RBA Interest rate decision very volatile event
Thursday - ECB Interest rate decision very volatile event
Friday - NFP - Nonfarm payrolls
Trade active
Trade closed: target reached:
not just waiting for target, see the changing structure and trade.
not just waiting for target, see the changing structure and trade.
resistance holding for now, retested couple of times going down
moving SL to profit