I have marked out what i think to be impulse bearish movements (in grey boxes), and corrective bullish movement (in teal boxes).
As price has made a lower low yesterday, and closed bearish, and I'm seeing shrinking bullish candlesticks around the 1688-1690 levels, I'm looking for short positions, with S/L above the recent high, and T/P just at the recent low.
R:R 2.5
As price has made a lower low yesterday, and closed bearish, and I'm seeing shrinking bullish candlesticks around the 1688-1690 levels, I'm looking for short positions, with S/L above the recent high, and T/P just at the recent low.
R:R 2.5