With the USD being overbought and having bad news this morning an evening star candlestick formation was create and confirmed this evening the ext is at .9550 which is the target I would look to go for risk/reward is a 1 to 3 if you place your stop around 1.000 level. If you have not gotten in I would wait for a pull back on the 2hr chart to get in.
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Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time.
What are YOU fighting for? bit.ly/carterkylecapyoutube
Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
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My trial stop hit with profit I am actively look for a position on 2hr as long as it stays below .9900 resistance
