REASONS TO SHORT AGAIN: 1. TREND IS DOWN 2. PRICE IS BELOW THE MAJOR STRUCTURE 1.5912 3. PREVIOUS DAY CLOSE BELOW THE MINI STRUCTURE 1.5765 4. PRICE MANAGE TO CLOSE BELOW THE 14SMA AND MACD HAVE JUST CROSSED TO THE DOWNSIDE. PRETTY STRONG INDICATION. THE PROBABILITY THAT THIS WILL GO TO THE DOWNSIDE OUTWEIGH THE OTHER. WE WILL STAY SHORT BELOW THE 1.5912. HAPPY TRADING.....
Comments
gary1408
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High probability this wil continue down, i entered on the close of the pinbar 2 days ago, support is also broken and the trend is down