Short Set Up Day 3
Updated
After doing my top down analysis on multiple time frames I have noticed that we are in a Bearish Market.
4 HR Stochastics with Bearish peaks along with Lower Highs.
Charts are also respecting trend line to the down side overall.
After that big short from yesterday and prices staying below weekly pivot point 1.9678, in the big picture we should be looking for short positions overall.
Looking for a short position close to 1.9600
TP1 @ 1.9470
TP2 @ 1.9390
Happy Hunting.
4 HR Stochastics with Bearish peaks along with Lower Highs.
Charts are also respecting trend line to the down side overall.
After that big short from yesterday and prices staying below weekly pivot point 1.9678, in the big picture we should be looking for short positions overall.
Looking for a short position close to 1.9600
TP1 @ 1.9470
TP2 @ 1.9390
Happy Hunting.
Trade closed manually
Plan worked with repeated pattern set up, 160 pips locked in, waiting for next set up.
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