Daily:
Lower high and lower low indicates a downtrend in the pair
Rejection confluence at horizontal resistance level of 1.18700 and downtrend parallel resistance channel
Indecision candle on 26/12/2017
Position: Short
Entry: 1.1875
Stop Loss: 1.1950
Target: 1.1725
Risk:Reward = 1:2
Lower high and lower low indicates a downtrend in the pair
Rejection confluence at horizontal resistance level of 1.18700 and downtrend parallel resistance channel
Indecision candle on 26/12/2017
Position: Short
Entry: 1.1875
Stop Loss: 1.1950
Target: 1.1725
Risk:Reward = 1:2
Trade closed: stop reached:
Stop loss of reached