Price is moving down a channel in a bearish trend creating higher lows and lower lows.
We can see here price struggled to break past the key level and test the higher lows which means logically it is on its way down to test the bottom of the channel and create a new lower low.
only 30+ pips but still a nice pick.
We can see here price struggled to break past the key level and test the higher lows which means logically it is on its way down to test the bottom of the channel and create a new lower low.
only 30+ pips but still a nice pick.
Comment:
Stop Loss hunted. Unfortunate loss but we keep moving.