Based on Hunt Volatility Funnel theory we can expect squeeze on pair towards continuation eg down
pair has drown typical 3 tops and 3 lows forming funnel.
now we are at decision point forming so called primer eg funnel within funnel on shorter time frame.
I assume we can get nice short enter possibility at round number eg area 146.5-147
Stops very tight as shown
pair has drown typical 3 tops and 3 lows forming funnel.
now we are at decision point forming so called primer eg funnel within funnel on shorter time frame.
I assume we can get nice short enter possibility at round number eg area 146.5-147
Stops very tight as shown
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RRR near 10
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we entered short as planed
short after that the price broke down the consolidation ..
it looks like pain free trade has just begun...
lets wait for more squesse
short after that the price broke down the consolidation ..
it looks like pain free trade has just begun...
lets wait for more squesse
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after falling under 1,44 the move may accelerate the pace ...
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THE PERFECT STORM IS COMMING FOR THE PAIR ..
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very nice short ride till now