Trade carefully.
This is looking Nice Short Here Breaking out lows with volume and lot of room left to go onto the downside i am quite happy with this trade here hope to see fast move down. Trade is active and let us see how fast it drops towards lows i am not seeing any bull pressure here by the way.
-Daily price has formed a box consolidation between zones 86.1419 (resistance) & 79.7630 (Support) -Price has touched these zones at least two times on each end (even witnessed a fake out) -Price has broken out of consolidation area (forming a very unconvincing big shadow candlestick) For the last kiss strategy to qualify: -I would expect price to move away from...
If a bearish flap appears, my prediction is a short trade trying to hit the previous support as first take profit.