TRADE #7
Double Top with an Engulfing candle.
The price hasn't reached that price level since 16/12/2014.
I have shorted this pair already as soon as I had seen the level and prices moving away from the top. Little did I know that when I wake up the market had closed with an engulfing candle.
Sold at 1.24992
Stop Loss at 1.25612
My initial target is 1.23209 but I will change once the market opens on Monday.
We can get to 1.22000 or as low as 1.20800