-Price reached a major Resistance.
-Formed another area for entry.
-Looking for price to move into a downward direction and a candlestick pattern to also suggest the price reversing.
-Price has also created a 3 impulse pattern to further confirm a turn around:
-Formed another area for entry.
-Looking for price to move into a downward direction and a candlestick pattern to also suggest the price reversing.
-Price has also created a 3 impulse pattern to further confirm a turn around:
Trade active:
Still active, second rejection of resistance.
Trade closed: target reached:
TP HIT- 80 pips!
Comment:
(Journal) Good trade.
