After the Bears took control at 1.36500, a very strong bearish momentum has pushed the market in a strong downward trend, retesting off resistance zones as it continues to decline.
As our previous trade successfully closed breaking past both of our targets. We are looking for another retest entry to profit from the bearish momentum.
Steps needed:
-Price needs to break past the support zone
-Price must make a corrective movement back to retest the broken support zone.
-We short the pair upon the confirmation of retest of 1.32536
As always we'll have multiple targets.
Our first target will be at 1.31961
Our final target will be at 1.31611
Happy Trading
-Juff
As our previous trade successfully closed breaking past both of our targets. We are looking for another retest entry to profit from the bearish momentum.
Steps needed:
-Price needs to break past the support zone
-Price must make a corrective movement back to retest the broken support zone.
-We short the pair upon the confirmation of retest of 1.32536
As always we'll have multiple targets.
Our first target will be at 1.31961
Our final target will be at 1.31611
Happy Trading
-Juff
Dagangan ditutup: sasaran tercapai
Target 1 reachedDagangan ditutup: sasaran tercapai
Target 1 reached move SL to Breakeven.
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.
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.