This is a counter trend play...
The overall trend is bullish on the 1 Hour timeframe and the 4 Hour timeframe.
We may get a SHORT TERM pull back to the downside based on the MAC D and the bearish swing low.
We have a bearish engulfing candle @ our entry 1.26698.
entry, stop loss and targets are on the chart. use proper risk management.
happy trading.
The overall trend is bullish on the 1 Hour timeframe and the 4 Hour timeframe.
We may get a SHORT TERM pull back to the downside based on the MAC D and the bearish swing low.
We have a bearish engulfing candle @ our entry 1.26698.
entry, stop loss and targets are on the chart. use proper risk management.
happy trading.
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