Nice area to watch for a SHORT opportunity.
Break of HTF trendline showing the BEARISH price bias. The 20 &50 SMA is pointing south so I am predicting the retest of the trendline before going SHORT around 1.0865's with two targets.
An extended RSI will add more weight to my trade.
Happy trading
Break of HTF trendline showing the BEARISH price bias. The 20 &50 SMA is pointing south so I am predicting the retest of the trendline before going SHORT around 1.0865's with two targets.
An extended RSI will add more weight to my trade.
Happy trading
Trade closed: target reached
