Euro downtrend, Yen uptrend.
Euro more and more devaluation. Yen performing I don't even remember why (lol) what matters is I just remember people wanted to buy, and also their central bank took a break with all the nonsense. Price below the multi year low sad bulls trying to go and retest it. Too easy. I think we stop slightly below, no one will want to buy at that price.
Bulls are desperatly hanging on this level:
We got a good enough double top, worth risking a little.
I am probably right as always but will get stopped at the top as usual.
I like early entries but what normal people do is wait for the formation to complete or at least wait for the price to reverse and go down a few points first at minimum.
I just can sniff those. So I am taking this early. Very tight stop.
One day I won't get stopped at the very top and trail my stop and have a huge winner.
One day.
Euro more and more devaluation. Yen performing I don't even remember why (lol) what matters is I just remember people wanted to buy, and also their central bank took a break with all the nonsense. Price below the multi year low sad bulls trying to go and retest it. Too easy. I think we stop slightly below, no one will want to buy at that price.
Bulls are desperatly hanging on this level:
We got a good enough double top, worth risking a little.
I am probably right as always but will get stopped at the top as usual.
I like early entries but what normal people do is wait for the formation to complete or at least wait for the price to reverse and go down a few points first at minimum.
I just can sniff those. So I am taking this early. Very tight stop.
One day I won't get stopped at the very top and trail my stop and have a huge winner.
One day.
Note
Local H&S this should be it poggies.Soon will move SL.
Trade closed: stop reached
Probably at the top now.Idk how I got stopped even... By the spread... So they changed it didn't use to be like that.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.