Price is forming a head and shoulder pattern. Same time it is at trend line support. I have marked the trend deciding zone. Wait for the confirmation at this zone and decide whether to buy or sell.
Taking fresh short is not advisable as price gave entry around 1.922 and now it is at the zone to decide direction. If price did not gain strength, it will move in range also.
Do your own analysis. You are responsible for whatever you do.
Taking fresh short is not advisable as price gave entry around 1.922 and now it is at the zone to decide direction. If price did not gain strength, it will move in range also.
Do your own analysis. You are responsible for whatever you do.
Comment:
Trend line broken.
Trade active:
Short.
Trade closed: target reached:
Done.