Moeezahmed

Moeezahmed

As you know, Most of trades are based on DOW theory which is basically a pattern of HH/HL or LL/LH. Last night it shows fake breakout and continuing bearish trend. As per my opinion It shout touch at least 1.19. Good luck

Moeezahmed

As explained in the chart, took the short position because of HHs and HLs

Moeezahmed

Going long due to higher highs and higher lows and Fib support of 0.236 breakout

Moeezahmed

Series of HHs and HLs making Bullish trend. SL below LL & TP as per AB=CD method

Moeezahmed

Please review it and let me know if there is anything I've to amend.