Market was producing an uptrend, however, market has been failing to break resistance (Wick rejection)
There is also visible exhaustion on the bullish momentum and more bears are entering the market
Entering into the market can be at turquoise line based on the wick rejection at the bottom
Wait for a break and retest of area before entering the market
When market moves 30+ pips in, move SL to break even
Big opportunities in the market this week
Happy Trading!
There is also visible exhaustion on the bullish momentum and more bears are entering the market
Entering into the market can be at turquoise line based on the wick rejection at the bottom
Wait for a break and retest of area before entering the market
When market moves 30+ pips in, move SL to break even
Big opportunities in the market this week
Happy Trading!