Fellow traders,
Nice and easy setup this. We have seen a recent downtrend on this pair and a nice pullback to resistance level with a bearish engulfing candle which suggest trend continuation.
I have therefore gone short on this one and anticipating it to make at least a double bottom. I've marked the tp and sl for you as well.
Trade safe and good luck.
Nice and easy setup this. We have seen a recent downtrend on this pair and a nice pullback to resistance level with a bearish engulfing candle which suggest trend continuation.
I have therefore gone short on this one and anticipating it to make at least a double bottom. I've marked the tp and sl for you as well.
Trade safe and good luck.
Trade closed: target reached:
Trade closed with tp hit