DBLHLC PA signals twice in the past week or so on D1 chart. Along EMAs, trendline , and SR line, which will act as resistance. Daily trend is bearish . Low risk, not much in the way of the trade until the next SR. Gov . shutdown, trade war, Fed announcement, a lot of fundamental factors dragging USD down right now. Seems like a good trade, I'd definitely give it at 3 star rating, maybe higher.
Trade attivo
Trade chiuso manualmente:
Closed the trade, as I saw it was not going my way overnight. Looking closer at the PA signals, they seem more BEOVB than DBLHLC, and the second was not fully formed. The trade didn't look as good in different tf as there was a clear short term bullish trend on 4H.
Commento:
Also look at the chart - could easily be said to be ranging rather than in a bearish trend.