Description
⋅ Price breaking key 80.00 level. Which was a strong support level a few years ago.
Huge downwards trend. Target 75.005 where price may bounce at this secondary key level.
Comment
⋅ Moving SL to 82.005. This is above the last lower high.
A few announcements coming up on these pairs, so looking for some breathing room for the SL.
I still believe that the long term down trend isn't over.
Trade closed: stop reached
⋅ Was off the mark on this one.
On to the next trade.