I have tried this pair before and I got stopped a couple of times and others the trades went as planned. Due to the weekly conditions, I am hoping to catch a good entry this time. I wouldnt short just yet till some more data is created.
This is a long time trade for me as usual. 1.77xx entry Stop loss should be set according to your comfortability. Couple of exits and re-entries will be set for this trade. my last attempt is shown below. You know the deal. your money your choices.
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Targets were moved up due to strong upward push. I will post entries once the rally stalls.
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Unexpected strong crypto like pump and dump gave a nice entry point. A little late perhaps but I am still holding my shorts. Due to that event, now the dynamics of the trade will be totally different. Trade with caution. i.imgur.com/NzDrBef.jpg
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Don’t really like where it is sitting. 450 pips is good enough.
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This pair is offering a new opportunity to trade. Trade with caution and us sl to what fits you best.
REally trade with caution. I don't short yet. it's too crazy. I think a lot got wrecked. I see different angles on the chart, using different ways. Traders on the chat speak on a different time frame. try looking at gann fan too