potential buy?
waiting for a retracement for good entry
reason for trade idea:
USDX made higher high
EURUSD made lower low
GBPUSD failed to make lower low
waiting for a retracement for good entry
reason for trade idea:
USDX made higher high
EURUSD made lower low
GBPUSD failed to make lower low
Trade active:
Forgot to mention, the fact GBPUSD has failed to make a lower low suggests accumulation in this pair on the long side.
Trade closed: stop reached