Yep, we know fake breakouts with no strength started by Asia this is one of them.... Chart attached.
Dollar is gaining strength after being sold like crazy. Wanted to go short on euro too but that'll kill me so I'll only wait for it to retrace 40500 or below then BUY. It'll be 4800 in 2-3 months and pound will be 170ishh too have bought options for that.
FYI: Watch Kiwi and Aussie rejected twice from 105 and 78 and USDCHF not going anywhere below it's MPV...these are very good indicators..
Dollar is gaining strength after being sold like crazy. Wanted to go short on euro too but that'll kill me so I'll only wait for it to retrace 40500 or below then BUY. It'll be 4800 in 2-3 months and pound will be 170ishh too have bought options for that.
FYI: Watch Kiwi and Aussie rejected twice from 105 and 78 and USDCHF not going anywhere below it's MPV...these are very good indicators..
DislikedNo, from ta point of view, you selling here does make sense (w1 pvp R3), just seeing so much strength printed, fading the move now doesn't look that attractive to me just yet. I'll no doubt start to sell when I see weakness, you know me, I switch wherever the wind blowsIgnored