The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
By looking for the looming news, at this point, speculative interest has priced in that the US Federal Reserve will likely announce a doubling of its bond-buying program tapering. The Fed decided in November that the economy was strong enough to trim financial support, particularly as inflationary pressures remain high. The central bank announced it would reduce...
we are looking for a continuation with the downtrend pattern, looking for a possible entry on market open, 1.09401 is gonna be the breaking point to look for a continuation, this is a strong support that needs to be broken, as usual keep stop losses on and take profits tight too - profit is profit
