Potential Short Entry in After News Trading
For the last 4 days, the daily candle ranges didn't exceed 5 Average Daily Range. In the last 240 days, the largest volatility-decreasing sequence lasted 7 days and isn't at all common. I think it is quite likely, that we will see an above 100% expansion now.
If it goes higher during the news, I would fade this event and hold the trade at least until today's close (as EURUSD and GBPUSD or another major pair).
I don't have any plan for USD going lower during news and will not trade such an event.
If it goes higher during the news, I would fade this event and hold the trade at least until today's close (as EURUSD and GBPUSD or another major pair).
I don't have any plan for USD going lower during news and will not trade such an event.
Nota
I might choose to take a trade here if the price consolidates for a few moments.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.