We can look to short this one soon. structure broken, more downward pressure possible
Price action breakout from trendlines Waiting for a pullback before entering long position
Looking at this chart we see strong bearish movement, breaking previous structure I am waiting a pullback before continuing to short to the downside.
Good trade setting up Look for a short now back to structure support
Trend line broken by sharp fall in price Next step is to wait for reversal back to 382 area Short the pair back to structure for profits
Look for a shorting opportunity here Previous structure was broken Wait for price reach the 382 before shorting
Trend line is approaching support structure Trading plan - Watch for it to break sharply, either long or short - Wait for a retracement, entering at 382 - place trade
Looking for a quick shorting opportunity here with high potential for further short
If we see a sharp breakout in either direction look for a continuation in that direction
Price action has broken structure, we can look for continuation to the downside. I will enter if price reverses and tests the structure before shorting. Looking to short 100+ pips
If price does not break channel look to short TP1: 25000 TP2:24600