Oanda clients open position shows 78.3% are longing, this implies a potential further downside.
Secondly, past 2 weeks' candlesticks are very bearish, as there weren't many big bullish candles.
So. I will wait for the market to breakout then retest after 5 candles and short.
Secondly, past 2 weeks' candlesticks are very bearish, as there weren't many big bullish candles.
So. I will wait for the market to breakout then retest after 5 candles and short.
Comment:
wait for a retest
Trade active:
