Retracement to 1.1600

With the 78.6 and Month CAM R3 rejection, I am looking for shorts. $DXY $TLT $GBPUSD $AUDUSD

코멘트:

Closed my long from 1.1700 this morning. The S4 Daily pivot breakout to the weekly pivot (Weekly P circled) and then backtesting the S3 Daily pivot is a classic Camarilla move.

I sold on that Daily S3 from 1.1700 entry, now I will just wait.

코멘트:

Closer up. So just a quick 35 pip trade or so.

코멘트:

Possible scenario I see happening here before shorting. Note the 200 SMA 1HR just below the weekly pivot (circled).

코멘트:

Very Nice. Almost there and I will exit this long. I am not sure if this was news related or just a huge confluence of support combined with a rug pull. There was a rug pull on UJ at the 111.30 mark again as well.

The top continues to be heavy resistance this week with the primary pitchfork top rail, the Month CAM R3, and the weekly CAM R3.

Notice that the recent retracement was near exactly Weekly R3, to Weekly S3.

코멘트:

Took 1/3 off the table here at the month pivot (circled left).

코멘트:

A nice linear regression channel has formed that has encapsulated the current move down from the relative top put in earlier this week.

코멘트:

Whoops those are EU futures, but same idea.

코멘트:

EU spot even better, a triple rejection of the 200 SMA 1HR, the midline of the channel, and Weekly CAM S3.

코멘트:

Yesterday's add near 1.16950 was correct. Moved stop down to today's high: 1.16750.

코멘트:

Shorting another 2 lots here at the intersection of the descending pitchfork and yesterday's close (horizontal yellow line). The moving average shown is 'special'. :)

거래청산: 스탑 닿음:

Stopped out. It was fortunate that the last add was around the stop set earlier. Total pips was about 65-70.