On the daily TF we can see the reversal pin bar on yesterday's close. This means that it's only a matter of time for the price to drop heavily.
Currently, we can see that the price is consolidating and rejection from upper levels occurred. MA crossed, which also means a down movement is on its way.
Entry: 1.62129
TP: 1.59688
SL: 1.62844
Trade Safely!
TheForexFarmers.
-Alex
Currently, we can see that the price is consolidating and rejection from upper levels occurred. MA crossed, which also means a down movement is on its way.
Entry: 1.62129
TP: 1.59688
SL: 1.62844
Trade Safely!
TheForexFarmers.
-Alex
Trade active:
The trade is currently in deep profit, we moved SL to breakeven.
Trade Safely!
TheForexFarmers.
-Alex
Trade Safely!
TheForexFarmers.
-Alex