I previously marked up this move ( i have attached it below) and price is currently respecting the analysis.
We saw price retrace sharply and fall pretty much straight after. Price is currently showing potential to keep moving bearish but we may see price test the price level i have marked as the entry and then price has potential to move to our target. Stop loss and take profit are marked.
If you didn't get a chance to enter on the first analysis , you can enter only price gets to the entry point.
risk to reward 1:2
We saw price retrace sharply and fall pretty much straight after. Price is currently showing potential to keep moving bearish but we may see price test the price level i have marked as the entry and then price has potential to move to our target. Stop loss and take profit are marked.
If you didn't get a chance to enter on the first analysis , you can enter only price gets to the entry point.
risk to reward 1:2
Trade active
Trade closed: target reached:
TP achieved
