I have learnt to wait for the market to give me confirmation before I take a trade. Even when i have a high probability trade that I have great confidence in I WAIT FOR CONFIRMATION. Selling the break out is a great idea, we have been watching this pair for the down move for a while now and it keeps making new highs ,so waiting is a smart thing to do .
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.