GJ has broken me this week, giving me so many false hopes which as led me to damage my practice capital, I have £20 now lol. But I'm not broken that much, improvements and change will come,
As for this pair, I can see multiple confluences that gives me confidence that this pair is now on its way down.
1. Previous candle lows have been broken.
2. 8 has been breached.
3. has crossed over.
My projected targets are:
• Previous HH as first target at 1.32512 (185 pips).
• Secondary target at 1.30642 (372 pips).
Hitting T2 would win my practice capital back and have a little big of profit in return.
We'll see how this goes!
I'm learning to focus on one pair because my problem is that I tend to change ideas and exit a trade to enter a different pair, chaos just happens, it's a gamblers mindset and I'm not here to gamble, I'm here to become a profitable and professional trader - time to make big changes.