- Price could break black trendline
- Look for re-test of trendlines (black & blue)
- Observe price action at 70.30
- Immediate entry can be placed at 70.30 or wait on bearish candle stick formation for entry
- NB: Small risk high reward trade
- Look for re-test of trendlines (black & blue)
- Observe price action at 70.30
- Immediate entry can be placed at 70.30 or wait on bearish candle stick formation for entry
- NB: Small risk high reward trade
Comment:
Risk can be adjusted slightly higher
Comment:
Based on price action