Hello Traders.
Price has hit my weekly resistance line.
Has created a balance zone.
Price has has been rejecting to break 145.000 zone and made a trap, which is a false breakout.
Expect a move to the downside when New York opens, because price has been closing below 145.00 last week.
Also the Dollar index has shown strentgh lately.
RR: 1:3
SL: 50 pip
TP1: 150 pip
TP2: Trail
FxBeams
Price has hit my weekly resistance line.
Has created a balance zone.
Price has has been rejecting to break 145.000 zone and made a trap, which is a false breakout.
Expect a move to the downside when New York opens, because price has been closing below 145.00 last week.
Also the Dollar index has shown strentgh lately.
RR: 1:3
SL: 50 pip
TP1: 150 pip
TP2: Trail
FxBeams
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