technically GBPUSD set to drop back to 1.21 add the fundamentals with article 50 triggering next week on the 29th, will we see a sell off in GBP in anticipation of what may happen.
DX short term correction for me will add more downside to this trade, nice R:R
Looking to trade coffee long with stops under previous cycle low for conservative risk. Target upper TL , allow for fluctuations of price with an accommodative stop management in order to achieve the desired target.
DX at a major level of support with confluence from Fib and trend line. We will watch this level for a correction to the upper trend line. Use the majors and minors and look for correlating levels to take advantage of what could be a short term correction.
We are currently short EUR/USD from 1.0820 a very aggressive entry using this correlating analysis (therefore...