Here are my price projections for this pair, anticipating a possible short at the end of the current upswing.
While setting up this chart, I saw that the Friday (27-JUL) low was actually a possible tradeable setup (using a measured move strategy from that 25-JUN swing high). Yesterday confirmed this and so I went long at 1.5225. Now up and protected at BE. Looking to fully exit at 1.5370 if price breaks current levels (sellers can take control at this level and resume downward move).
A nice way to end the month as I've been on a losing streak these past couple of weeks. :(
Good trading!
While setting up this chart, I saw that the Friday (27-JUL) low was actually a possible tradeable setup (using a measured move strategy from that 25-JUN swing high). Yesterday confirmed this and so I went long at 1.5225. Now up and protected at BE. Looking to fully exit at 1.5370 if price breaks current levels (sellers can take control at this level and resume downward move).
A nice way to end the month as I've been on a losing streak these past couple of weeks. :(
Good trading!