I can see bears taking price down to 1.25000 area which is again a lovely round number and a very strong support and resistance area.
Price missed our key level of 1.32000 by 15pips but the trade still triggered for us, this is because we always set the orders 20-30 pips below the level as price wont always hit the target dead on and we don't mind going a few pips into drawdown as these are long swing trades that produce 100s of pips. If you are scared of drawdown and try to be perfect every time then you will miss 99% of good trades, i know this day and age everyone is brainwashed to be perfect (just go on Instagram and you will know what i mean) but the harsh reality of life is NOTHING IS PERFECT, the sooner you realise that the sooner you will succeed!
Sorry about my little rant but i hope it has helped you :)
Also if you need any help trading then just send me a message.
Lots Of Love Laura x.
Price missed our key level of 1.32000 by 15pips but the trade still triggered for us, this is because we always set the orders 20-30 pips below the level as price wont always hit the target dead on and we don't mind going a few pips into drawdown as these are long swing trades that produce 100s of pips. If you are scared of drawdown and try to be perfect every time then you will miss 99% of good trades, i know this day and age everyone is brainwashed to be perfect (just go on Instagram and you will know what i mean) but the harsh reality of life is NOTHING IS PERFECT, the sooner you realise that the sooner you will succeed!
Sorry about my little rant but i hope it has helped you :)
Also if you need any help trading then just send me a message.
Lots Of Love Laura x.