No Trade on this pair just yet i am waiting for a weekly close back below the Kijun and a rsi turn to confirm the move down, although im not normally a big fan of 'lagging indicators' they are very useful here as the TP at between 95-96 and waiting for confirmation on such a big move is a must for me.
We will see where the trade is towards the middle of next week by taking a look at the daily and 4hr charts then confirm at the end of the week to take a short.
Current position is no trade.
obviously we also need to take into consideration the potential rake hike in December and the current market volatility.
Cheers
We will see where the trade is towards the middle of next week by taking a look at the daily and 4hr charts then confirm at the end of the week to take a short.
Current position is no trade.
obviously we also need to take into consideration the potential rake hike in December and the current market volatility.
Cheers