I AM LOOKING TO SHORT THIS PAIR. LET SEE HOW PRICE ACTION REACTS IN THE ASIA MARKET AFTER FUNDAMENTALS. PRICE TOUCHED THE TREND LINE ONCE, IF WE GET NICE PRICE ACTION OFF OF THE TREND LINE AGAIN, LOOK FOR A SHORT TO ABOUT THE .50 FIB, SUPPORT. IT IS AN AWSOME RISK/REWARD TRADE IF PROPERLY EXECUTED WITH A SL NOT MORE THAN ABOUT 10 PIPS FROM PREVIOUS HIGH.
REMEMBER, THIS IS MY IDEA AND VIEW AND THE CHART IS FOR GUIDANCE. GOOD LUCK TO ALL!
PLEASE GIVE A THUMBS UP IF YOU LIKE AND COMMENT YOUR IDEAS AND OPINIONS, THANK YOU!
Trade active
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Short
Trade closed manually
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CLOSED BASED ON PAIR LOOKING TO BREAK FROM FLAG PATTERN ON THE 1HR, 11 PIP LOSS.