Description
⋅ The price breaks the local uptrend line. It gives a sell signal.
Entry Point: below 1.28100
Stop Loss: above 1.28620
Profit Target: at 1.27015
Risk per trade must be no more than 1% of your capital.
Comment
⋅ The market gives us a double top which is a bearish signal. The market is bearish and we can expect the further downward movement.
Comment
⋅ It is better to close the trade at breakeven.