We're looking at this short opportunity on m30 chart.Market is making lower highs and lower lows and is below 100SMA indicating downtrend. Price made a move down and a pullback upside now we're looking to sell with stops going above 0.618 and targets at 1.27 extension then 1.618 as our second target.
Comment:
First potential target (1.27 extension) has been meet.We'll wait for price to hit the second target
Trade closed: target reached:
Second target met at 1.618 .