Price opened below daily and weekly pivots. Volume confirms short position. Target yearly pivot support S1. From my pivot calculations I expect AUD and NZD pairs are going to drop about 180 pips. All major USDXXX pairs are at very crucial level - yearly pivot but volume pressure is heavily bearish and I see USDCHF is piercing down through yearly pivot but I will obstain from trading USD pairs for a few hours to see how the price action develops around yearly pivot.
Trade closed: target reached
I am banging 35 pips. Price hit daily s1.Trade active
Reentered shortTrade closed: target reached
Took another 35 pips
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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.