Looks to be at the top of teh channel trending downward. A;lthough it did break the trendline, the retest failed. Also it's over sold. Quick scalp that should be an easy one to pull the trigger on. I call a short for a decent 1.5:1 R:R But you must act fast!
Update: I shortened the S/L only because if it does hit the SL it'll probably got much higher making you re-think the entry... and having a better entry with less draw down. I personally down like any more than a 30 pip stop loss and my R:R is usually a 3:1 but this should be an easy scalp so I'm loosening my own rulse for this one.
Without the mess
Update: I shortened the S/L only because if it does hit the SL it'll probably got much higher making you re-think the entry... and having a better entry with less draw down. I personally down like any more than a 30 pip stop loss and my R:R is usually a 3:1 but this should be an easy scalp so I'm loosening my own rulse for this one.
Without the mess
Trade fermée: ordre d’arrêt atteint:
Mementum completely changed. I should've seen that coming.
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