with tension between the two im hoping to see some defiance against UK over vaccine roll out or lack of it mean while america say the vaccine is good to use but they would say that for Britain wont they leave the politricks to them anyway
this will be getting shorted contasnly over the next few weeks
took dis trade at 10am this morning targets hit now the retest then sell again tight stop loss 1:5 risk
still short as we know Canada is now looking for get there stimulus this week so they are set for another bull run until Thursday maybe tomorrow ill be waiting for bulls to kick it into gear
took profit as i like to trade Asia hours before London that way i am not in any draw down that being said i will continue my setup until buyers exit which should be around tomorrow evening before i start shorting again
as the dollar weighs in on fiscal which has been granted i am not expecting a long run in bulls the dollar still has alot more room to go and yelen states there not concern with inflation i do not know why buy hey they say the have the tools need if necessary so today was a perfect day on all us pairs been waiting since last week for this move
lets see how the Asia session plays out tonight before my London opening i am anticipating a nice pull back over due before i continue shorting the hell out this pair
after a good look at it it should now be ready to retrace on the daily it has been channeling on the fib its almost finish its exhaustion now am looking for at least a 150 pip rebound and more upside then the continuation down
still a bear market for the most part but it has reached a low where buyers like to step in a lot from looking back at past structures
just going to follow the market until the sell triggers my alert lets see how it plays out