REASONS TO SHORT AGAIN:
1. TREND IS DOWN
2. PRICE IS BELOW THE MAJOR STRUCTURE 1.5912
3. PREVIOUS DAY CLOSE BELOW THE MINI STRUCTURE 1.5765
4. PRICE MANAGE TO CLOSE BELOW THE 14SMA AND MACD HAVE JUST CROSSED TO THE DOWNSIDE.
PRETTY STRONG INDICATION. THE PROBABILITY THAT THIS WILL GO TO THE DOWNSIDE OUTWEIGH THE OTHER.
WE WILL STAY SHORT BELOW THE 1.5912. HAPPY TRADING.....
1. TREND IS DOWN
2. PRICE IS BELOW THE MAJOR STRUCTURE 1.5912
3. PREVIOUS DAY CLOSE BELOW THE MINI STRUCTURE 1.5765
4. PRICE MANAGE TO CLOSE BELOW THE 14SMA AND MACD HAVE JUST CROSSED TO THE DOWNSIDE.
PRETTY STRONG INDICATION. THE PROBABILITY THAT THIS WILL GO TO THE DOWNSIDE OUTWEIGH THE OTHER.
WE WILL STAY SHORT BELOW THE 1.5912. HAPPY TRADING.....