A storm is brewing on the $US chart, and I'm preparing for a potential downturn.
$US - SHORTđŽ
Entry: 0.04763
SL: 0.06137
TP1: 0.04076
TP2: 0.03389
TP3: 0.02702
â ïž Move SL to Breakeven once TP1 is hit !!!
The momentum shift on the 1H chart is what's driving my decision, as the RSI and EMA indicators are hinting at a change in direction.
As I'm navigating this trade, I'm also aware that the 1D chart presents a bullish landscape, with the price holding above its EMA50 - this contrasts with my short position, and I'm adjusting my strategy accordingly.
Can anyone honestly say they're not worried about a $US correction at this point?
Click here to Trade đ
$US - SHORTđŽ
Entry: 0.04763
SL: 0.06137
TP1: 0.04076
TP2: 0.03389
TP3: 0.02702
â ïž Move SL to Breakeven once TP1 is hit !!!
The momentum shift on the 1H chart is what's driving my decision, as the RSI and EMA indicators are hinting at a change in direction.
As I'm navigating this trade, I'm also aware that the 1D chart presents a bullish landscape, with the price holding above its EMA50 - this contrasts with my short position, and I'm adjusting my strategy accordingly.
Can anyone honestly say they're not worried about a $US correction at this point?
Click here to Trade đ