Hello Traders,
We have a short opportunity due to below reasons:
1) We have some Bat patterns (Starting around 1.17 and finish forming around 1.18).
1) We have some Garthely (Starting around 1.19 and finishing around 1.25).
3) Hitting high Pivot point
4) Overbought indicators.
5) See some Price action rejection now.
However this can go little more north but move down expected soon.
We have a short opportunity due to below reasons:
1) We have some Bat patterns (Starting around 1.17 and finish forming around 1.18).
1) We have some Garthely (Starting around 1.19 and finishing around 1.25).
3) Hitting high Pivot point
4) Overbought indicators.
5) See some Price action rejection now.
However this can go little more north but move down expected soon.
Trade active
Trade closed: target reached:
First target reached, take off some position as retracement is coming.
Trade closed: target reached:
Second target hit