Update

Currently, It has reached the first sell target, and we just added more sell positions at 1701 zones.
The neckline has been broken and maybe the H4 candle will close below the trendline. As I mentioned in my previous analysis, we will keep selling if it can break out and close below the trendline target 1670 or later we will buy heavily if the candle shows a valid sign of rejection on the trendline.

Catalyst: Price action, US CB, FOMC, and PMI

Here's my previous analysis, April 26, 2020

Comentário:

It might retest the broken neckline at 1705-1710

Comentário:

I posted this chart to my clients 8 hours ago

Comentário:

Current market price chart

Trade ativo:

So far so good

Trade fechado: objetivo atingido:

Short-term target reached, maybe will re-enter the trade later at better rates, maybe not.

I just post the updated analysis, check it out