Potential for a short position
Weekly Chart:
A bearish candle as a confirmation candle.
Daily Chart:
Daily closed below key level 1.281 (The lowest point of the past 4 weeks)
Watch out:
1. Weekly demand zone @ 1.2453-1.258
2. Long term up-trend line from Sep 2012
Action
I am going to wait for price action to sell in short term.
A bearish candle as a confirmation candle.
Daily Chart:
Daily closed below key level 1.281 (The lowest point of the past 4 weeks)
Watch out:
1. Weekly demand zone @ 1.2453-1.258
2. Long term up-trend line from Sep 2012
Action
I am going to wait for price action to sell in short term.
Giao dịch đang hoạt động:
Sell order has been activated @ 1.281
Bình luận:
Moved SL to protect profit.
Bình luận:
Handsome profit but watch out for weekly demand zone
Đóng lệnh: đạt mục tiêu:
I closed my order with handsome profit. Let's wait and see reaction at Weekly demand zone @ 1.2453-1.258 before deciding the next move.
