so last week I sent out a signal for the pair and it hit stop loss, looking at the chart now.
Originally the pair was supposed to reverse as it hit the major resistance level of 1.57861 BUT it didn't want to, it broke that resistance and hit another resistance just above that level, the level of 1.58772. As a result, it hit that level and started to reverse quickly destroying everyone who came out of the sell and got on the buy.
Now we have an almost 100% trade for a sell after the candlestick pattern was shown. two weeks filled with rise has now started it's the first week of drop with a huge vector candle to show it to us. We are back, and the stop loss is put just above the recent high and take profit out in the open for over 450 pips. Very likely after a week or two of drop, the pair will come back for a second pass or leg near the high that was created this week and then it'll drop further until it reaches the monthly resistance of 1.52267.
Good luck
Originally the pair was supposed to reverse as it hit the major resistance level of 1.57861 BUT it didn't want to, it broke that resistance and hit another resistance just above that level, the level of 1.58772. As a result, it hit that level and started to reverse quickly destroying everyone who came out of the sell and got on the buy.
Now we have an almost 100% trade for a sell after the candlestick pattern was shown. two weeks filled with rise has now started it's the first week of drop with a huge vector candle to show it to us. We are back, and the stop loss is put just above the recent high and take profit out in the open for over 450 pips. Very likely after a week or two of drop, the pair will come back for a second pass or leg near the high that was created this week and then it'll drop further until it reaches the monthly resistance of 1.52267.
Good luck
