Good evening traders, I am looking at a potential new low resting besides 1.02317 before any strong retracements are made. The area 1.05117 is a good point for a breakout to the downside, however my tp is short because I am looking to sell the bounce off the ascending line. Once this retraces then I will only be looking to sell further into new lows in the upcoming weeks.
Entries:
1)1.05117- tp:1.04260
2)(selling off the bounce) 1.50141- tp:1.2317
Long term highs and lows to look out for are:
Highs: 1.08692
Lows: 1.0076- 0.99487
CLOSING TRADES MANUALLY IF IN LOSS MOST LIKELY ABOVE 1.6035
NOT ADVICE, PLEASE BEWARE THIS MAY BE A FAILING TRADE