Now it either goes down and starts the correction, either it goes up to test new highs for the last time before the pullback on higher TF. I am still short here and holding positions.
Now it could be just a consolidation, but the pinbar is at resistance zone for 1H, 4H, D and W TFs. I am holding a short position with SL just above it, so I hope for a good pullback before attacking it again. If we get a pullback on a weekly TF, I expect it to be to around 0.69 area.
Just came across this... The chart says all, right?
If you wish, you may try to short soon with a tight SL.
Shorted at pivot. running in profit at the moment. Will see how it will develop. TP at 17750 if we reach there
What do you think. I will try short now with SL just above the pivot point. Good risk reward ratio. US30 is similar, they trade together.
I should have taken a long position with a SL just below the pivot point when CS bounced of SSB (of support) and let it ride to the top. At this moment it is too risky to enter long as resistance at the top of triangle and going to 2011 is near. THE PLAN: if we get another pivot at the top, then I go short, if it breaks up, then long after retracement (less...
I like all those spikes there. Good area to short.
I still want to short this index for a long ride down. It broke the last support, did not get to the target, now retraced back to the support. price is at KS on 15M, 30M, 1H TF. Hm...
Let's see how it works. Aiming for 50% of the last up move.
On daily setup. It could be a very good shot and tight SL possible profits.
It is at the resistance area, second attempt and bearish divergence on all indicators., I am shorting. SL 0.7245 and TP at 0.71, maybe more.
After all my doubts, I only stumbled on my sell positions today with this pair. I think it could reach 1.28 soon.
Now either it continues, either it bounces back up. Be ready!