Price has broken the channel in an impulsive manor, whihc gives a strong indication of a move to the downside.
Unfortunately price didnt reach our target of 0.98500 before the move downwards.
But we do have a second entry opportunity. Waiting for at least 6 15M candles to create a nice pull back/15M flag.
From there will will set a sell stop order of everything lines up nicely.
Be patient and wait for the market to show its hand.
Unfortunately price didnt reach our target of 0.98500 before the move downwards.
But we do have a second entry opportunity. Waiting for at least 6 15M candles to create a nice pull back/15M flag.
From there will will set a sell stop order of everything lines up nicely.
Be patient and wait for the market to show its hand.