As described in the chart, I'm waiting for price to get rejected from the channel TOP before executing SELL trades.
Depending on BEARISH P.A., traders can look for SELLs between 1.1250-1.1270 with SL above 1.1310.
TPs can be set at 1.1180 and 1.1100 respectively.
In case price doesn't reach the channel top and shows exhaustion, I will update the idea accordingly.
Depending on BEARISH P.A., traders can look for SELLs between 1.1250-1.1270 with SL above 1.1310.
TPs can be set at 1.1180 and 1.1100 respectively.
In case price doesn't reach the channel top and shows exhaustion, I will update the idea accordingly.