After lossing strong support at 1.236% fib extension then all eyes open to the next fib zone to be our support which is at 1.382% and from this level I believe the falling wedge formation must have completed which will lead us to a mini Bull run for MFT. Presently oscillating indicators are all set for strong accumulation.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are: POSSIBLE ENTRY ZONE SELL TARGETS
Thank you
Note: It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.