An Ending diagonal can often be used as a trade entry set up. This particular situation needs a further push up before we can look for the short break out. The dollar is currently correcting last weeks push up so perhaps tomorrow or Wednesday we'll see this pair move short. Look out for development of the divergence between price and MACD.
This is not investment advice.
I'll update this idea as it develops
Steve Nixon
Trainer & Mentor @logicfxtrading.com
This is not investment advice.
I'll update this idea as it develops
Steve Nixon
Trainer & Mentor @logicfxtrading.com
Twitter: twitter.com/logicfxtrading
Facebook: www.facebook.com/logicfxtrading
Telegram: t.me/logicfxfreetrades
Flipboard Magazine: tinyurl.com/yazs9szc
Facebook: www.facebook.com/logicfxtrading
Telegram: t.me/logicfxfreetrades
Flipboard Magazine: tinyurl.com/yazs9szc