looking for the pair to retest the resistance it broke for short continuation.
I AM LOOKING AT THE PAIR TO GO SHORT TO CONTINUE ITS TREND
THE PAIR SHOWS A STRONG BEARISH MOMENTUM FOR THE WEEKLY AND DAILY CANDLE WHICH CAN MAKE THIS SHORT MOMENTUM HOLD.
LOOKING FOR THIS PAIR TO GO SHORT. THE PAIR IS BEARISH ON BOTH DAILY AND WEEKLY LAST CANDLE AND I HOPE IT CONTINUE IT'S BEARISH MOMEMTUM.
I AM LOOKING FOR THIS PAIR TO BREAK THE SUPPORT AND RETEST TO GO SHORT. THE WEEKLY AND DAILY TIME FRAME SHOWS THE PAIR IS READY TO GO BEARISH AND THE 4H CONFIRMS THAT PER WHAT PRICE IS TELLING ME.
First of all I normally I dont trade this pair. I am just curios if my Price Action and correction Analysis will work. Its risky because of the Jpy News Tonight, this might be tricky with our tight sl. But as I said its risky. Lets see how it works out :)
I am going to try to catch some pips with the correction. Pay Attention as it is against our main trend. Price action seems ok so I am going to enter the trade. Goal is to get the sl Pretty fast to BE or close part of the Position in good Profit. The trade could bring more pips then target. Lets see what the market brings.