As you can see, we are still on a downtrend on the channel. Expectation is trend continuation. Right now it is doing an up retracement to 0.618% before falling down lower than the previous low. The past patterns were ascending triangle, which I believe will occur again. What I am doing is Sell around 1146-1150. SL at 1155 & TP at 1115.
Risk reward Ratio 1:6
Note: This is just my opinion, I am not telling u what to do, just an idea. It is also my first time uploading my ideas. Good luck & trade smart
Risk reward Ratio 1:6
Note: This is just my opinion, I am not telling u what to do, just an idea. It is also my first time uploading my ideas. Good luck & trade smart