Entering back into the supply and congestion zone warrants a good short opportunity as it had shown a LH LL (Lower High Lower Low) structure.
Besides the trend is bearish for now
Waiting for a nice H4 candle to confirm the short at 82.8
If there is a nice candle, we can look to swing this to a new low.
May the market be kind to us.
Best Regards,
Nour Capital - Tracking Smart Money Flow
Disclaimer:
The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Besides the trend is bearish for now
Waiting for a nice H4 candle to confirm the short at 82.8
If there is a nice candle, we can look to swing this to a new low.
May the market be kind to us.
Best Regards,
Nour Capital - Tracking Smart Money Flow
Disclaimer:
The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.