We see signs of sellers at daily chart. yesterday price showed us that it does not want to go higher, so maybe this is out shot to get short.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol. - We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade. - Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader. - Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
İşlem kapandı: hedefe ulaştı
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Banked first two targets, 25% of the trade is left open for the third.
İşlem kapandı: hedefe ulaştı
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Banked last part. We capitilized the whole bearish rally which we calculated to be 280 pips and lasted 280 pips exactly.