We are selling this pair because of these reasons:
1. Break of trendline & support on daily chart.
2. Price came back to retest the break out with a continuation pattern that signals a continuation in the downward trend.
3. This is a trade with a good risk reward ratio.
4. Wait for price to break current trendline and retest it for confirmation.
We will use proper risk management to protect our capital.
1. Break of trendline & support on daily chart.
2. Price came back to retest the break out with a continuation pattern that signals a continuation in the downward trend.
3. This is a trade with a good risk reward ratio.
4. Wait for price to break current trendline and retest it for confirmation.
We will use proper risk management to protect our capital.