This pair made a great downside movement after breaking the upside trend! This action must always have reaction which will indicate another upside movement in the same trend formation. This is a very good opportunity because the Stop Loss should be placed just below the main support level. The first support level is touched but there are possibilities that the price may go down to the second and third final major support level. This trade position will be almost 4:1 win/lose pips.
Good luck traders, hope you will have a great trading week.
Please comment below, let me know your thinking !!
Good luck traders, hope you will have a great trading week.
Please comment below, let me know your thinking !!