If you're familiar with chart patterns, then it should be clear to see the double top on the 1H chart and currently the price is retracing, creating a flag pattern, which allows us to enter the sell.
Look for a good entry on the smaller pullbacks and out target is around 95 pips.
Now, i've marked a third take profit, where the market might drop all the way. Personally, i would suggest to target till tp2 but for those who look at this as a potential sell, feel free to test the market and hold the trade till TP.
Leave your comments below and i would like to read your bias !!
Let's bang it
Look for a good entry on the smaller pullbacks and out target is around 95 pips.
Now, i've marked a third take profit, where the market might drop all the way. Personally, i would suggest to target till tp2 but for those who look at this as a potential sell, feel free to test the market and hold the trade till TP.
Leave your comments below and i would like to read your bias !!
Let's bang it