Took this trade just minutes ago. i feel its a trade worth taking because of the following reasons:
a) we have a clean break below trendline
b) prices are responding strongly at the 0.786 level
c) a potential double top has formed and should see this pair go southwards
With the poor aussie employment data today, prices should go south from here. Will be watching this closely. First tp at the next resistance level.
Lets hope this one plays out and do give a thumbs up and follow me if you agree :D
Happy trading and goodluck to everyone!
a) we have a clean break below trendline
b) prices are responding strongly at the 0.786 level
c) a potential double top has formed and should see this pair go southwards
With the poor aussie employment data today, prices should go south from here. Will be watching this closely. First tp at the next resistance level.
Lets hope this one plays out and do give a thumbs up and follow me if you agree :D
Happy trading and goodluck to everyone!
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