Looking to short from recent resistance down towards support, good RR offered and multiple wick rejections of this area of resistance.
Risk - 0.5%
Reward - 2.5%
Risk - 0.5%
Reward - 2.5%
Order cancelled:
No entry for this short, came within less than 4 pips of entry but missed. Pending order now removed and onto the next.
Price played out really nicely from the initial analysis including a small sideways movement at the dynamic/sloping trend line identified.
Price played out really nicely from the initial analysis including a small sideways movement at the dynamic/sloping trend line identified.