Recap on previous Day :
Current situation giving me a bearish bias, expecting down trend continuation
- Price break the previous weekly low
- During London session price creating the lower of the day (1956.76)
- Pull back expected in the New York session
- Pull back price hit the area of optimal trade entry (OTE)
- Price forming Lower High and Lower Low
Current situation giving me a bearish bias, expecting down trend continuation
Trade active
Price got rejected when hit opening price on the previous day.Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.