Exchange rate broke down range (i marked it gray)
When the price make range — you need to understand it is pause for accumulate position.
The price showed for us that that accumulation was for short.
I will look for short if the price will make pull back to Mirror level $15.20 with goal: $14.30
Push on like button if you like such analysis
When the price make range — you need to understand it is pause for accumulate position.
The price showed for us that that accumulation was for short.
I will look for short if the price will make pull back to Mirror level $15.20 with goal: $14.30
Push on like button if you like such analysis
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1. The price just move to $14.30 without any pull back. In that situation we can't open Short.
2. Exchange rate will make a pull back to $15.20, near that level we can open Short position
Take a look on H4 chart: