The price bounced 6 times from key level 1.1527 and D1 closed under that level. Its powerful signal for Short, because for big players the most important price is end of the day. It closed under key level, it shows that Bears won.
I will set a pending order (Sell Limit at 1.1520) to make my risk lower.
Also, I think about short, because most of the times the price moves with 2 cycles (Waves). Currency rate will move down to 1.1300 and 1.1189 if there will be 2nd down wave.
P.S. Push Like and Subscribe if you want to see more signals in the future.
I will set a pending order (Sell Limit at 1.1520) to make my risk lower.
Also, I think about short, because most of the times the price moves with 2 cycles (Waves). Currency rate will move down to 1.1300 and 1.1189 if there will be 2nd down wave.
P.S. Push Like and Subscribe if you want to see more signals in the future.
Commentaire:
70 pips down Done!
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