The have been weak since last week early week rally, the and has rejected the 1.1200 level again making Past support turn into future resistance. There was a lovely evening star formation last week and it seem to be holding. This gives you an opportunity to SELL down to 1.100 with relatively no past points pf support until that level. If you want to confirm the trade more wait until the close of the daily candle if you are conservative.
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Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW buttom. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time.
What are YOU fighting for?
Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. Carter Kyle Capital will not accept liability for any loss or damage directly or indirectly from reliance of information.
Comment:
I hope you were able to ride the wave of this movement there has not been a retracement to get in for a 2nd trade protect your position by moving your stops
Comment:
Closed with profit due to trail stop being hit another 112 pips out of the possible 202 look for high prices in the SELL zone