# Price has failed to continue making higher highs
# After the last bearish move price has pulled back to and pinned the 1.34505 level
# Bearish engulfing completed on D1 time frame
# Moving average providing resistance as price struggles to break through
Selling at market price 1.33759 with
# SL above the bearish engulfing high @ 1.34505 and
#TP lower down around support @ 1.31816
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As usual don't bet the farm. Good risk management won't kill you but the lack thereof could!
# After the last bearish move price has pulled back to and pinned the 1.34505 level
# Bearish engulfing completed on D1 time frame
# Moving average providing resistance as price struggles to break through
Selling at market price 1.33759 with
# SL above the bearish engulfing high @ 1.34505 and
#TP lower down around support @ 1.31816
To learn the dynamics behind the analysis, please join my mailing list using the link below zc.vg/sf/0FruM
As usual don't bet the farm. Good risk management won't kill you but the lack thereof could!