We see a very strong resistance at current level. The price has to complete another wave downwards before breaking the resistance - We short this pair at current level and book profits @ 86.50 and than 85.20 which was our target in earlier charts. (Buy low, sell high)
Comment:
Break of flag will land the price to 85.80, 85.60, 85.20
Comment:
This pair is testing my patience.
Trade active:
Sell at 87 and book profit at 86.50 and 85.80
Trade active:
Heading towards target
Trade closed: target reached:
200 Pips Profit.
A good study and test of patience
A good study and test of patience