Hi traders!!!
As clearly shown on the chart, if the line I've drawn breaks to the downside and consolidates below it, then a short position is recommended with the TP1 and TP2 shown by the arrows.
If the price doesn't break the line or doesn't consolidate below the line then this trade idea is invalid.
Good Luck
As clearly shown on the chart, if the line I've drawn breaks to the downside and consolidates below it, then a short position is recommended with the TP1 and TP2 shown by the arrows.
If the price doesn't break the line or doesn't consolidate below the line then this trade idea is invalid.
Good Luck