Possible short scenario as long as price does not break previous high as seen. Area also coincides with 38.2 fib level which adds more confluence to a possible short trade. More downside to come if price closes below 0.7720, could possibly head to trendline before a bounce up.
ความคิดเห็น:
Yellow long-term trendline drawn on Daily chart. Area to short (0.7780) also an area or resistance where price rejected multiple times as seen from the rectangle drawn on the Daily chart.
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ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน:
Was in profit but risk appetite prevailed so it send Dollar tumbling down. -40 pips loss.