If we see a retest as resistance we can look to short or If the price action breaks through look to go long.
Comments
Prjames
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Looks like this structural position will be holding as resistance.
The price action has put in a good double top and a doji candle. If the next candle is a lower low, lower close then I'll look to enter a trade shorting 2 lots. Stops placed 20 pips above previous structure high and first target @ fibs 0.382 and second I'll trail.
The price action has put in a good double top and a doji candle. If the next candle is a lower low, lower close then I'll look to enter a trade shorting 2 lots. Stops placed 20 pips above previous structure high and first target @ fibs 0.382 and second I'll trail.