Price has finally broken below the
support area of a Major rising wedge.
It has since given a perfect retest
of the 61.8 fib level and the bears
have now shown up on the lower TF.
Here is the play I will be taking:
Entry - 1.05828
Stop Loss - 1.06354 52 pips
Take Profit - 1.04155 167 pips
support area of a Major rising wedge.
It has since given a perfect retest
of the 61.8 fib level and the bears
have now shown up on the lower TF.
Here is the play I will be taking:
Entry - 1.05828
Stop Loss - 1.06354 52 pips
Take Profit - 1.04155 167 pips