EURUSD - Weekly double top confirmed - Parity within reach

Singkat

Euro / Dolar A.S. (FX:EURUSD)

Telah dikemas kini

FX:EURUSD Euro / Dolar A.S.

EUR USD ecb fed short breakout Double Top december hike

eur usd ecb fed short breakout doubletop december hike

A mega NFP print Friday saw the Euro decline 186 pips / 1.71%, confirming the double top pattern that had been brewing since April. The close below 1.0828 should (finally!), open the path to the multi-year low set back in March (1.0462). If bears manage to crack this level, parity should not be too far off... this was a very large consolidation pattern indeed - over 1200 pips - the 50% extension is .9836. Don't want to get too carried away, but the 100% extension is just above the 92 cent mark (.9210). Holding short from 1.0870 and looking to sell strength.

Dagangan aktif:

Added to short at 1.0767

Dagangan aktif:

Added more at 1.0744 - stop at 1.0794 for additions, 1.0828 for position from 1.0870.

Dagangan aktif:

Added to short at 1.0719 on break below & retest of 78.6 - trailed all stops to 1.0767 (above yesterday's high)

Dagangan ditutup secara manual:

Out of all additions for small loss (10% of trade risk) - still holding position from 1.0870, 1.0794 stop. Above there we could be looking at inverse H&S.

Dagangan ditutup secara manual:

Closed from 870 @ 770. May get back in. Flat for now.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.