Hi room
Short this pair @ 0.9030
TP: @ 0.8935(Support)
Short this pair @ 0.9030
TP: @ 0.8935(Support)
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DislikedWhy short in such a strong uptrend? Last week we bounced off .9000 down to .8964. Now we are trading above .9000. Why go short here? I mean, maybe it will reverse. I have to admit I don't know what it will do. If I had a guess, I would post a chart.Ignored
DislikedWhy, though? That is my point. The candle formation? A weak looking pin bar and a hanging man. We had that on 23rd, 24th June. Since then we moved over 200 pips. That's nearly 400 pips on any other pair, in a week. Last week's candle closed at .9040...
Like I said, I have no idea what it will do, but shorts would not be an option, here, for a trader trading medium term, without a daily close under .9000.Ignored
Dislikedthis could be a bearish head and shoulders forming on the daily : http://content.screencast.com/users/...07-07_0837.pngIgnored