Bearish continuation is highly possible due to a clear signs of a bearish accumulation.
The price has to break through the 1.1227 area with confirmation to confirm the continuation of a down movement, however I will look for shorting opportunities just before the start of European session.
Please refer to a chart for a clear picture and detail regarding stops.
The price has to break through the 1.1227 area with confirmation to confirm the continuation of a down movement, however I will look for shorting opportunities just before the start of European session.
Please refer to a chart for a clear picture and detail regarding stops.
Comment:
Video Link to this Idea: www.youtube.com/watch?v=Dr7zO92B...
Trade closed: stop reached:
Stop loss has been hit, and no we have to wait for a confirmation of a breakout and go long, or if it is a false breakout, which is less likely.
