EURUSD Short: Continuation after FOMC Dud

1 nov 2017

Hey traders, not a whole lot of volatility after the FOMC minutes. I like the rejection of the dollar weakness afterwards and the price action says a nice R/R is in order short from here. Targeting larger pattern .382 retracement with SL above MA cluster. Cheers

1 nov 2017

Nota

For what it's worth, here's a brief EW breakdown on the 1m chart. The bearish impulse is the price action which triggered my short.

1 nov 2017

Nota

1m Update: Looks as though correction may be complete

1 nov 2017

Trade attivo

2 nov 2017

Trade chiuso: stop raggiunto

Eyes are now on the BOE rate decision and monetary policy discussion. Cheers