Price has been in a range as you can see. Preceding trend was bearish so I feel comfortable taking a short close to the top.
Initial target will be at the channel bottom with a stop above the channel.
Good luck if you take this trade.
Please give a thumbs up if you like this.
Initial target will be at the channel bottom with a stop above the channel.
Good luck if you take this trade.
Please give a thumbs up if you like this.
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Update - The trade moved quickly after my post. Now 50% of my target has been achieved and stop moved to a few pips in profit. Risk free trade now.
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Target hit. Quite a rapid movement occurred.