Weekly chart has setup a clean HnS. Daily Looks nice for a breakdown once support is lost. If support holds and gains current daily resistance at 2.0930, I expect a push to about 2.1000. Losing support at 2.0880 targets 2.0780 and then 2.0675. Smaller time frames are trying to offset bearish momentum, but I suspect the momentum generated from high time frames will carry price lower.
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4H candle must close above stop area to invalidate the trade.
Trade closed: target reached
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Target 1 reached
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easy 200 pips
Trade closed: target reached
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T2 reached.
Comments
JonnyLA
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nice
ishstar
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Nice one. Saw the 2.0920 level being rejected again as well. Been adding shorts slowly