Morning folks!
It's important to stay responsive to what the market is doing and not stay "stuck" with your opinion. I don't trade my opinion (or any one else's opinion) I trade the markets and had a change of biais on this pair after yesterday's close : till then I was looking to get involved on the long side, but after the close yesterday below the support level I'm now expecting a continuation to the down side and will then be looking to sell this pair.
Seeing where price is now I will be looking for a compression on the H4 with a break to the down side or to get involved on a potential pullback to retest the broken support.
Have a great day in the markets folks!
It's important to stay responsive to what the market is doing and not stay "stuck" with your opinion. I don't trade my opinion (or any one else's opinion) I trade the markets and had a change of biais on this pair after yesterday's close : till then I was looking to get involved on the long side, but after the close yesterday below the support level I'm now expecting a continuation to the down side and will then be looking to sell this pair.
Seeing where price is now I will be looking for a compression on the H4 with a break to the down side or to get involved on a potential pullback to retest the broken support.
Have a great day in the markets folks!