This pair is on reversal after hitting a strong resistance.
It is thus likely to drop down. Good candidate to short.
As always ensure your risk management measures are in place.
Risk reward ratio: 2
Wish you all the best !!!
It is thus likely to drop down. Good candidate to short.
As always ensure your risk management measures are in place.
Risk reward ratio: 2
Wish you all the best !!!
Comment:
Price is testing fibo level 38.2. The price has shown signs of rejecting price at that level. There is big probability that price will continue downwards
Order cancelled:
Trend is likely to change to bullish