11.800 HAS HELD PRICE YET AGAIN ACTING AS A RESISTANCE TURNED SUPPORT. ITS NOW MADE A MORNING STAR FORMATION AT RESISTANCE TURNED SUPPORT AND ITS ALSO IN CONFLUENCE WITH TREND LINE. A BREAK OF THE COUNTER TRENDLINE AND 12.000 THIS PAIR SHOULD RESUME ITS UPTREND
Overall it is still down trend in the daily.
Price broke and closed below the counter-trend line last Friday.
In weekly, a bearish pin bar was printed.
Looking to short from price rally back to the counter-trend line.
Reward-risk ratio have to be at least two for me to take any trades.