The preceding week has seen a strong move away from the 1.64 level and form a large bearish candle.
Looking for a bearish trend to continue in the next few weeks.
An entry for a short would be considered
1. Near 20 W MAV 1.62.
2. Targets are multiple - to include the swing lows of this years consolidating wedge pattern.
3. Stop - above monthly pivot
RR = 4
Looking for a bearish trend to continue in the next few weeks.
An entry for a short would be considered
1. Near 20 W MAV 1.62.
2. Targets are multiple - to include the swing lows of this years consolidating wedge pattern.
3. Stop - above monthly pivot
RR = 4
