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ON JUNE 24, 2021, I TOOK THIS SELL POSITION @132.50 AND POSTED IT HERE AND WE MADE +100PIPS. NOW, I WANT TO SHOW YOU THE DAILY PRICE ACTION FROM THIS POST.
POSSIBLE RANGING COULD BE @130 - 132 (BOUND BY THE YELLOW LINES) BECAUSE THEY ARE STRONG PSYCHOLOGICALLY LEVEL WITH 'ROUND FIGURES'. WATCH HOW YOU ENTER ADDITIONAL POSITIONS HERE (FOR THOSE WHO LAYER...)
THERE IS ROOM FOR MORE SELL-OFF AS LONG AS THE PAIR STAYS BELOW KEY RESISTANCE @134 WHERE THE MAJOR BEARISH MOVE STARTED FROM; AND EVEN BELOW @132 RESISTANCE!
BUT ALWAYS REMEMBER, NOTHING IS CERTAIN IN THIS MARKET. ONLY YOUR CHOICE IS CONTROLLED BY YOU!
DISCLAIMER: DO NOT TRADE WITH BORROWED MONEY OR THE ONE YOU CAN NOT AFFORD TO LOSE. FX IS A HIGH RISK HIGH REWARD MARKET AND VERY VOLATILE