**Daily**:
- As per last analysis, the price slightly rebound off the 200 EMA and find its resistance at 1.1980 level.
- the price is making lower high and lower low.
**4H**:
- The market is in a low volatility situation.
- A downwards trendline is formed
- previous 1.191 support level has broken and currently retesting it.
-recent candle shows bearish pinbar
**What to do now? When to sell?**
- my bias is towards selling the pair around 1.19 area since the price is well respected to the trendline, or,
- Do notice that the pair is currently in a low volatility market. we can wait for more liquidity to come in the pair for the sense of certainty.
Pls do your own risk management before trading! Good luck!
- As per last analysis, the price slightly rebound off the 200 EMA and find its resistance at 1.1980 level.
- the price is making lower high and lower low.
**4H**:
- The market is in a low volatility situation.
- A downwards trendline is formed
- previous 1.191 support level has broken and currently retesting it.
-recent candle shows bearish pinbar
**What to do now? When to sell?**
- my bias is towards selling the pair around 1.19 area since the price is well respected to the trendline, or,
- Do notice that the pair is currently in a low volatility market. we can wait for more liquidity to come in the pair for the sense of certainty.
Pls do your own risk management before trading! Good luck!
ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน:
The FOMC outcome was not in expectation to our direction. we can choose to re-enter now for expecting market recovery and resistance area during the london session
ความคิดเห็น:
Congratz to those who re-enter the market to sell!
