Rebound completed. Short on 1D Lower High.

2018년 8월 21일

Our estimated bounce spot was met and EURUSD bounced near 1.12840 (June 02, 2017 contact point), even breaking our 1.1510 (previous support) target projection. Based on the 1D Channel Down (RSI = 48.432, MACD = -0.005, Highs/Lows = 0.0014) this is a near Lower High and an ideal spot to open a short. We are taking this opportunity to sell, TP = 1.12840 and 1.11765 in extension. DX remaining above the previous 95.00 High is key to maintaining this long term bearish trend.