EJ is reaching a very interesting area -- strong SR, fib 38, round # 102, EMA200.
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DislikedH&S? sort of? UJIgnored
DislikedMy take on EJIgnored
DislikedHow do you trade this setup? Wait for PA or put sell orderat 1.0390Ignored
Nice set up, didnt look at the 1hr chart. Thanks for sharing. I have been short in and out on this pair since last week. Built up a series of short up to 1.045, closed all today except this last one, which after seeing your set up I changed SL=BE and removed TP (for the time being) which I had set up at just below the TL 1.0330.
I had a long on GU that I had posted before, after looking at this chart and that of FTSE, I closed it with about 20 15 pips. Looks like we have a fare way to go yet.Ignored
DislikedYou can do both. If you have time looking at the screen, you better wait for the PA, otherwise a limit order with SL and TP is fine. Here, my limit order at 1.0395 was missed. I entered manually at 85.Ignored