Very much a similar situation chart-wise to my previous EURAUD post .
I tried unsuccessfully to short this beast last week and gave most of my profit back to my break even stop loss.
I’m holing a small short from Friday (once bitten) and this time I am in a better position with my entry and have built a fair pip tally with these early moves. I will be looking to add if the downside continues. – The area between 1.7215 -1.7115 could see some consolidation near term after price got a knock back from the 127% extension .
- Silver – This weeks shining star, as predicted by ForexFlow - July 19, 2019
- 新年快乐 财源滚滚 大吉大利 A Happy wealthy healthy New Year to all our Chinese friends - February 4, 2019
- Gold and Silver – Glittering prizes? - January 28, 2019