Entry Price: 0.9449
Current Price: 0.9449
Description of Chart:
So we are in the lower half of the downward trending channel, and we hit 0.9485 perfectly and then retraced. This could now be offering a great opportunity to get short for the considerable future. If we get a large move down then we might look to take profits nice and early and then establish a new position in a different underlying. We will have to see how we go over the next few weeks, target area is at 0.9169.
You can view all of my charts on my website if you are interested in a certain product. I also run a PAMM account that you can join, it is where you invest into an account managed by myself and I make the trades to make you profits.