I wasn't expecting Powell to reverse the dollar direction on last Friday. However I was able to take some profit off the trade.
EURUSD is currently in a pull back sell zone on H4. I am looking for a continuation down. Many analysts are saying to short dollar but I don't think it's quite ready to sell down as of yet.
Sell stops for this trade are below a 20% pullback from the low to high of this leg.
EURUSD is currently in a pull back sell zone on H4. I am looking for a continuation down. Many analysts are saying to short dollar but I don't think it's quite ready to sell down as of yet.
Sell stops for this trade are below a 20% pullback from the low to high of this leg.