-Since the end of March, the price followed a downtrend, bouncing and stopping the trend on the at about 1.51067, starting a consolidation period until the beginning of July 2020.
-During a strong momentum period, the price quickly moved up reaching the at about 1.58977, that rejected and inverted the trend.
-After a small correction during a high period, the price continued moving in a side trend, bouncing more times on a new daily at about 1.54000.
The price broke the resistance on the 17th of December, reaching an importand weekly resistance.
An Harami pattern, a long shodow on the last red upbar made me think about an inversion of the trend, 2 red downbar could definitely confirm that!
I've already a short position up to 180pips! here the details:
ENTRY POINT: 1.56039
STOP LOSS: 1.57357 (0.58%)
TAKE PROFIT: 1.54306 (1.37%)
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