Overall trend is bearish, the yellow weekly trend line has been broken. We are expecting further down in next month, however before doing that it might be retracing back to retest the previous trend line again.
If you are a counter trend trader, you can active a buy order now, TP is 0.68195, SL 0.67346.
Personally I am a trend trader so I will wait till a push back and then active a trade. which might be 0.68000 or 0.68195 for entry.
Hit the thumb up if you like my idea.
If you are a counter trend trader, you can active a buy order now, TP is 0.68195, SL 0.67346.
Personally I am a trend trader so I will wait till a push back and then active a trade. which might be 0.68000 or 0.68195 for entry.
Hit the thumb up if you like my idea.
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