Looking to short once price returns to the trend line
Although the market has been making higher lows on the daily time frame the overall trend is still bearish when taking into account the bigger picture (daily & weekly). There has also been a strong reaction from where this trend line begins therefore we are looking to trade a continuation of this trend
Although the market has been making higher lows on the daily time frame the overall trend is still bearish when taking into account the bigger picture (daily & weekly). There has also been a strong reaction from where this trend line begins therefore we are looking to trade a continuation of this trend
Trade active:
This trade hit TP1 at 30 pips, TP2 at 50 pips, and is now running at 70 pips. Now looking for our final TP at 110 pips
Trade closed: target reached:
Trade was closed for 3rd TP at 100 pips