Morning traders.
While the bearish momentum. Is strong and all. Have loaded a bit order at last week's low and will look to load another position around the 1.1300-1.1280 handle with stop just below previous low as per the daily chart.
Looking at the range over the past couple of months and where price is currently at in terms of the range will look to target the LWMA's on the daily. Just in terms of mean reversion.
Looking at gold, plus the eurusd bear strength. There may be more room to the downside before price bounces. So the other half of my position will be added should price get down there.
Trade safe. Trade patient.
While the bearish momentum. Is strong and all. Have loaded a bit order at last week's low and will look to load another position around the 1.1300-1.1280 handle with stop just below previous low as per the daily chart.
Looking at the range over the past couple of months and where price is currently at in terms of the range will look to target the LWMA's on the daily. Just in terms of mean reversion.
Looking at gold, plus the eurusd bear strength. There may be more room to the downside before price bounces. So the other half of my position will be added should price get down there.
Trade safe. Trade patient.
4&1 All Time Profit:
$37,496
2