Short confirmed after break of uptrend line & retest with a pin bar to resistance. Waiting for a break of 0.78000 support to enter as well for extra confirmation.
Trade safe!
評論
⋅
Taking it short here actually, price rejecting 61.8 level & spinning top to resistance on the 4 hour.
評論
⋅
stop loss 60 pips
評論
⋅
extended my take profit to weekly uptrend line, now that price has reversed trends I believe lower lows & lower highs will form, a close under 0.76000 will be a great sign that more downside will come
評論
⋅
Guys if you haven't already check the monthly candle closes to each pair.. Here you can see a pin bar to key resistance level. Strong confirmation that more potential downside is to come! :)