Strong rejection on the daily candle?

If today's daily candle closes above 1675 zones, it has the potential to go back up to 1700, 1710 even to 1740 zones, Time will tell.

Catalyst: Price action, US PMI, Jobless claims and Durable goods data

PS: This trade fails if it breakout and close below the support zones

Trade ist aktiv:

Daily candle has the potential to reject the strong support

Trade ist aktiv:

Still holding the long trade, but enter a short position scalping down to 1695, 1700, 1705 zones

Trade ist aktiv:

It has reached the scalping target. Market waiting for the US data as a catalyst

Trade ist aktiv:

US Jobless claims 4427K

Trade geschlossen: Ziel wurde erreicht:

We will wait until the market shows a better sign of reversal or bullish continuation. But currently, we're scalping short selling

Kommentar:

Here's our last trade of this week