Important: AS always - wait for the pullback to the entry and rejection. -----------------------------
Type: Daytrade
Sell here: 0,67748
Stop-Loss: 0,67832
Target 1: 0,67655
Target 2: 0,67587
Target 3: 0,67537
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We are entering an area where new bears should come into the market and cause sell-pressure in order to follow the previous impulse and breakout.
1. If the market goes down and rejects at this level to continue the previous impulse we begin to reduce our initial risk. It is very important to wait for a reaction at the horizontal Resistance - If we bounce off we should close the trade with a minimum loss.
2. If we break through this trendline we gonna wait for a retest - If you see a clear bounce-off make sure to close the trade with less than our initial loss.