My presumed scenario is that a downtrend line continues to push prices lower, so it's not crazy to consider a breakout of the previous downside resistance level next. In the event of this hypothesis succeeding, I'm considering a "greedy" TP at 162.00 for glory.
Trade closed: target reached:
"Terminus"
The trend took place in a tricky and totally unscrupulous market. Many traders had to lose their feathers, but it was the downside that had to be played.
The trip was chaotic due to a "hardcore" pullback, very complicated to read, but the bearish scenario was even "tougher"! He did the job, and it paid off!
See you soon for new adventures...
The trend took place in a tricky and totally unscrupulous market. Many traders had to lose their feathers, but it was the downside that had to be played.
The trip was chaotic due to a "hardcore" pullback, very complicated to read, but the bearish scenario was even "tougher"! He did the job, and it paid off!
See you soon for new adventures...