Another Seasonality Sell for Q1. Although the market "seems bullish" momentarily today, we can expect to stay Bearish on this pair as it correlates to our fundamental bias of Seasonality.
If you set your SELL orders around 1.37128 this week, you can expect to hold onto this trade and Take Profit around 1.34870. Make sure to set your Stop Loss right around 1.37772.
We are staying Bearish on this pair for the quarter, so our projected price for next month's (February) entry is around 1.37377.
If you set your SELL orders around 1.37128 this week, you can expect to hold onto this trade and Take Profit around 1.34870. Make sure to set your Stop Loss right around 1.37772.
We are staying Bearish on this pair for the quarter, so our projected price for next month's (February) entry is around 1.37377.