WOO has given me a great long and short opportunity this week. Basically played the range.
Entered a short with a tight stop. IF we break above the yellow box I will cut the trade.
IF we get into the range I will be looking to target 0.15$.
--- added DXY underneath so you guys can see the confluence ---
Overall trade is an aggressive trade so be aware of your RISK MANAGEMENT and bear in mind the numbers coming out today (PPI, core retail sals, ECB press and US unemployment numbers)
Entry market
TP 0.15$
SL above current liquidity
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Entered a short with a tight stop. IF we break above the yellow box I will cut the trade.
IF we get into the range I will be looking to target 0.15$.
--- added DXY underneath so you guys can see the confluence ---
Overall trade is an aggressive trade so be aware of your RISK MANAGEMENT and bear in mind the numbers coming out today (PPI, core retail sals, ECB press and US unemployment numbers)
Entry market
TP 0.15$
SL above current liquidity
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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.
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.