Shorting this off the top 1.18500 will yield 29 pips profit.
Earlier price stayed above 1.182, some buyers took the opportunity of less risky trade on the positive YOY retail sales,Shorts will be picking off tops back down to previous levels.
My stop of 6.7 pips was hit,I'm a buyer below 19,if it breaks 18970 ,18 will be my next entry ,my stop is 5.2 pips.
We still have our Long from Friday @1.193.
32 pips on this earlier Long position
My stop is 6.7 pips away from this second bottom 1.19230.
Different prices on different platforms ,this was bottom on Dukascopy earlier ,your platform may be different
That bottom was 19280
40 pips away from 1.19 easy to achieve,although adverse reaction will be first marker at 1.191
Sure did get the breakout we talked about earlier
Looks like a wedge pattern, if this gets into a tighter range I expect a breakout, USD data up next EU data lower earlier.