We have seen a clear bearish structure these past weeks and also the momentum has not dropped to show a shift to the upside so long term we are still in the bearish bias.
Looking at the recent price reaction into the supply zone we have seen a clear bearish respect and we have pinpointed our selling area which is highlightedon this post. Enjoy the free setup!!
Looking at the recent price reaction into the supply zone we have seen a clear bearish respect and we have pinpointed our selling area which is highlightedon this post. Enjoy the free setup!!
Trade active:
Please this trade just triggered use good risk management
Trade closed: stop reached:
This shows that there is new supply zones to be tested so at the moment this zone is no longer valid
Comment:
But generally the market is still bearish, i may have missed my entry point by some minutes but we will watch and see