The market has broken out the upward channel and bearish opinion will be held next.
The bearish Gartley pattern has completed at 0.7095 level,and meanwhile the previous structure also works at this zone.
So it is good to sell short at 0.7092-0.7097 levels when price action gives the signal in the PRZ.
SL:above 0.710
TP1:0.707
TP2:0.705 and further more
The bearish Gartley pattern has completed at 0.7095 level,and meanwhile the previous structure also works at this zone.
So it is good to sell short at 0.7092-0.7097 levels when price action gives the signal in the PRZ.
SL:above 0.710
TP1:0.707
TP2:0.705 and further more
Trade active
Comment:
TP1 reached.
Trade closed: stop reached:
Just a few profits have been taken.