Failed Break Out or Bearish Trap ???
5 times now this has tried to break out for new highs
and failed. A closer retest of the 1.5365 area should
tell the story. In my mind the odds favor another
downside run. Risk/Reward is pretty good, but,
psychologically a 90 pip risk is very uncomfortable
for me to handle. Smart stops, however, must go
above the breakout high.
Hope the candlesticks really, really light the way !!!!!
and failed. A closer retest of the 1.5365 area should
tell the story. In my mind the odds favor another
downside run. Risk/Reward is pretty good, but,
psychologically a 90 pip risk is very uncomfortable
for me to handle. Smart stops, however, must go
above the breakout high.
Hope the candlesticks really, really light the way !!!!!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.