Looking for a break out move to take price higher.
Good evening Traders ,bit of a gap at the open,RSI one to watch showing weakness not much volume, we still long from Friday ,I don't expect much movement so will check back later.
Break out traders looking to 16250 Long
Where are we at today ,Tariffs the main driver, no clear direction until we hear from Trump, bounce to 16, sell off back down to 15650 Gap play fill.
Long off this bottom, could take awhile to get back to 1.18200, retail chopping price around
First lower high after peak 1.18280, not out of the woods yet, up trend is what is playing out with some profit taking, matter of time to see if it has exhausted.
Looking at the higher time frames might have to hit 18300 first before reversing ,above that major ceiling 18400.
I have a short just off this top, stop loss 1.18270
Nice Long here if you been watching the data.
Nice Long from this bottom up to the top of this Large sell bar to the Left, missed the short on the release.