Please manage your risk. Use Stop loss. And do not take blind entries. If you have a question let me know. If you want to analyze any pair let me know. This is just an idea. What we see. The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
Hi there, do you think it will definitely go to the 1.34 area and then fall, or it will fall now at this level 1.32660?
vaslcapital
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@HrystiK 1.34 is the good level of sell... 1.32660 is a risky one
Helena_FX
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@vaslcapital, But the price might fall now and we will miss a Sell opportunity, the question is how do we know when to open a sell trade, with a sudden spike down on a lower timframe?
vaslcapital
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@HrystiK, Miss the trade is better than the risky trade. When you look for confirmation that follow lower time frames and once you see there is rejection has been done in lower time frame then entered a sell. also once levels are very strong. you can sell limit. In such strong levels, price did not break in first attempt.