We can aim to rejoin the long term decline in the Euro here, and for the next 5 days, shorting gradually each day until we have a full position. Risk a rally to 1.0979 and aim for targets below $1. The 'Time at mode' signal in the 2-month timeframe points to a massive decline, so, be patient.
Risk 1-3% between all positions, if the stop is hit at 1.0979.
Good luck,
Ivan Labrie.
Risk 1-3% between all positions, if the stop is hit at 1.0979.
Good luck,
Ivan Labrie.
Note
Looks to be breaking down. We can reduce the stop and add. Stop at 1.0685 is ok.
Note
Need to wait until next week to fade this pair's advance.Note
Trade active
Top is in for now, stop 1.0775
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linktr.ee/ivanlabrie
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Related publications
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.