Cable has returned to the resistance drown by the two nearest highs and seems that it bounced back.
The gap was created on Monday and was not closed yet, so I'm expecting the downside move for the rest of the week.
The pair made an amazing 250 rally up, now I think it's the short turn.
1.32 is expected until the end of the week but it may not be the final tp, for sure the trade will be fixed there, however, a break down is a high probability.
I won't fool you, I caught 2 stops during the days, hope this time everything will go as it should.
FED interest rate in half an hour, good luck! (I'll update tomorrow if there will be any interesting retraces to enter short)
Regarding the abnb stock glad and disappointed that I did not enter at the ipo however, I'm expecting further downside move.
For now, no actions were made.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now