Short Term Bearish of 90pips for Sterling Pound
Yesterday price Break lower, today pullback for retesting.
Price hold by Fib Level.
Expect lower price around D's extension - 1.4784
Yesterday price Break lower, today pullback for retesting.
Price hold by Fib Level.
Expect lower price around D's extension - 1.4784
Trade closed: target reached:
To me this is quite a proper SL allocation trade.
It had a pullback for quite some pips, almost reaching my last line - my protective stop.
However, with the correct way & allowable space to give the price breath eventually turn the situation.
If you notice, the price structure formed a Running Double Top Formation.
Price break the neckline & goes all the way down to target.
It had a pullback for quite some pips, almost reaching my last line - my protective stop.
However, with the correct way & allowable space to give the price breath eventually turn the situation.
If you notice, the price structure formed a Running Double Top Formation.
Price break the neckline & goes all the way down to target.