DislikedOk all Shorts were closed just before NY...lovely slide down from yesterday worth 350 pips - all those who shorted should be happy
Think we are going up slightly from here, hence my small long with a tight SL (35 pip SL which was stopped out at 204.87)
Trying to fine tune another entry so looking at 15mins and 30mins at the moment...I'm looking at the fact that Zero MACD is flat whilst price was falling and Zero Stochs are oversold and flat...
What do you think??Ignored
204.40 is the next support, then 203.30/70 area. A break of this support will see this pair back to 198 over the coming days. . .
Keep in mind that 204.40/204.60 area lies weekly pivot, and daily S3. . .
If price is supported here then I will consider going long. However, I won't look to take a position until the end of the NY session since this appears to be a down day - Food for thought!