1. Risk/Reward- little above 1:1
2: Price-double tap formation on the 4 hr time frame is my basis for this trade.
3. Trend-Potential for the downside is the overall trend
1.Risk/Reward-Looking at a nice set-up on 4 hour chart. We have a risk of 1:3 on the short side
2.Price-200 EMA offers a nice support/resistance as well. If you would look on daily chart, I have a downward bias on this pair. Again every trader who's been in the market for a while knows that you can't entirely predict the market. Needless to say that you already...
Many traders consider this pair a buy, but not until you see the weekly chart. I am selling this pair. Again i'm a daily and weekly trader so if you are intraday that would be a different play
i don't know if its just me or this pair is really going south. Trying to see if i'm right. I'm holding this position till it hits ST or sell off 2-3 times the risk
