-- Price has hit 61.8 Retracement coming off the bearish shark then turnt bullish
-- Price is in a descending channel which could influence buyers to come into market on hope of a break out however this does not guarantee a reversal.
-- I anticipate movement towards the upper trendline with a possible break
in the case this happens i would await confirmation to buy the breakout
-- On the other hand we have good structure. I will await a break below 61.8 to continue selling
Feedback Appreciated, Many Thanks
-- Price is in a descending channel which could influence buyers to come into market on hope of a break out however this does not guarantee a reversal.
-- I anticipate movement towards the upper trendline with a possible break
in the case this happens i would await confirmation to buy the breakout
-- On the other hand we have good structure. I will await a break below 61.8 to continue selling
Feedback Appreciated, Many Thanks
Comment:
Half lots closed move stop to BE
Trade active
Trade closed manually:
Closed 135 PIPS :)
