- Very good opportunity to go for a short position on this pair at the reversal of the supply zone. -Another confluences is the EMA is above price which shows bearish trend of the pair. -Wait for a strong bearish candle at the supply zone and enter the trade. Let's see what happens during the week!
Comment
⋅
Price is currently in consolidation and did not reach the level expected but it would have an okay breakout trade with a small risk to reward ratio.
Trade closed: target reached
⋅
Comment
⋅
The trade closed with a risk to reward ratio of 1:5 !!!