Short confirmed after break of uptrend line & retest with a pin bar to resistance. Waiting for a break of 0.78000 support to enter as well for extra confirmation.
Trade safe!
Trade safe!
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Taking it short here actually, price rejecting 61.8 level & spinning top to resistance on the 4 hour.
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stop loss 60 pips
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extended my take profit to weekly uptrend line, now that price has reversed trends I believe lower lows & lower highs will form, a close under 0.76000 will be a great sign that more downside will come
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Guys if you haven't already check the monthly candle closes to each pair.. Here you can see a pin bar to key resistance level. Strong confirmation that more potential downside is to come! :)