Reason to set up:
1`The price action shows that a reversing downward trend has been formed. We just need look for resistance to short
2`Reasonable risk reporting ratio
3`Bearish bat pattern
E.S.P.
The entry point:
We need to find a resistance to short between 1.110~1.111
Stop loss should be placed above the pinbar at 1.118
Where we take the profit?
Reduce Ur positions in batches at 1.103,1.0945
Good Luck~
1`The price action shows that a reversing downward trend has been formed. We just need look for resistance to short
2`Reasonable risk reporting ratio
3`Bearish bat pattern
E.S.P.
The entry point:
We need to find a resistance to short between 1.110~1.111
Stop loss should be placed above the pinbar at 1.118
Where we take the profit?
Reduce Ur positions in batches at 1.103,1.0945
Good Luck~