The bearish momentum is still strong. For now, the price is consolidating after attaining a lower high according to the higher timeframes (D), and I predict a bearish breakout for this pair.
My long term target is at the lower trend line thus my entry is at 1.284 and Sl @ 1.289, slightly above the market resistance zone.
Entry - 1.284, Sl - 1.289.
Tp1 - 1.279, Tp2 - 1.274 and Tp3 - 1.269.
Remember, risk 1-2 % of the account.
My long term target is at the lower trend line thus my entry is at 1.284 and Sl @ 1.289, slightly above the market resistance zone.
Entry - 1.284, Sl - 1.289.
Tp1 - 1.279, Tp2 - 1.274 and Tp3 - 1.269.
Remember, risk 1-2 % of the account.
Trade closed: target reached:
Tp Hit!