After the false breakout from the resistance level and retest of the descending trendline, price action is under a clear bearish momentum, getting back into the channel pattern.
Expecting that the price heads towards the support level from the channel allow the setup of a short position with the following features.
The order:
Type: sell-limit
S/L: 25 pips - R:R | 1:2.5 -
T/P: support level
--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Expecting that the price heads towards the support level from the channel allow the setup of a short position with the following features.
The order:
Type: sell-limit
S/L: 25 pips - R:R | 1:2.5 -
T/P: support level
--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
www.instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
www.facebook.com/ogfxtrader
INSTAGRAM:
www.instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
twitter.com/ogfxtrader
www.facebook.com/ogfxtrader