Again, follow the trend!
I'm not telling you to short this pair, but to tell you to respect the market and follow the trend.
Someone is now checking the purple arrow, which is a relatively short term up trend, and he might be lookink for an opportunity to long.
However, smart money is seeing the blue arrow, which marks the long-term down trend, and perhaps they're shorting at the supply zone now.
What would you do?
I think the rational you know the answer exactly!
I'm not telling you to short this pair, but to tell you to respect the market and follow the trend.
Someone is now checking the purple arrow, which is a relatively short term up trend, and he might be lookink for an opportunity to long.
However, smart money is seeing the blue arrow, which marks the long-term down trend, and perhaps they're shorting at the supply zone now.
What would you do?
I think the rational you know the answer exactly!
Trade closed: target reached:
Target hit.
