Weeky reverse zone in approach

Aktualisiert
Diamond configuration in preparation (long) but we are approaching a significant resistance area (weekly/Monthly). 2 scenari :
- MT short on resistance area reaction (daily). Targets : 1.64/1.59/1.54
- LT buy after diamond exit + weekly confirmation (pull-back+reaction). Targets 1.75/1.79 and in extension the 1.9x zone.

Similar though cleaner to AUDNZD configuration 6 months ago...
Anmerkung
We are in the zone. Beware of ECB communication today ! Risk of false signal.
Anmerkung
This is cooking...
Trade ist aktiv
Here we go. Entered short at 1.7034. SL above 1.72
Anmerkung
One can partially close trade here at around 1.68
Chart PatternsTrend Analysis

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