The short term trend has been bearish the past couple of days.
The main trend is bearish.
Our trade is in line with the main trend though not at any key support area.
It does offer a good risk reward ratio though and for that reason we decided to take it.
Keep your stops tight.
Stops and take profit levels are as shown on the chart.
The main trend is bearish.
Our trade is in line with the main trend though not at any key support area.
It does offer a good risk reward ratio though and for that reason we decided to take it.
Keep your stops tight.
Stops and take profit levels are as shown on the chart.
Trade closed: stop reached