HTF: the trend is not defined clearly, but the 4h trend is considered making lower high and lower low. Thus, I have a bearish bias.
LTF: consolidated for a while now.
There are two selling opportunities to look out:
Trade safe and good luck traders!
LTF: consolidated for a while now.
There are two selling opportunities to look out:
- 1. sell now at 1.099 area due to the long wick rejection.
2. wait for the price to go up to 1.101 area and sell there due to the imbalances of the price. (preferable due to higher RR)
Trade safe and good luck traders!
Trade closed: target reached:
caught in the exact movement!