Price is looking very bearish and heading down ending the big downward wave.
The price is currently re-testing the resistance level unloading the heavy selling before rebounding and continuing to move lower.
The price is currently re-testing the resistance level unloading the heavy selling before rebounding and continuing to move lower.
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My Daily Chart;
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The price did not move as expected to the downside.
So the trade was closed manually covering the spread.
A good trade would move in your direction quickly, this one did not. There is no momentum for the pair to go further to the down side.
So the trade was closed manually covering the spread.
A good trade would move in your direction quickly, this one did not. There is no momentum for the pair to go further to the down side.