A scale in opportunity & an entry if you missed the 1st impulse

14 Eki 2021

Hello there traders

1-We can see a strong uptrend of the price since the beginning of 2021
2-A double top
3-Strong bearish impulsive moves from the price breaking the neckline & the uptrend
4-Sells were taken at the retest of the neckline & 0.5 Fibonacci
5-First TP achieved
6-Waiting for a scale in opportunity if the price retraces back to the area of interest ( Previous S turned R - 0.382 Fibo - 3rd touch on the descending trendline ) and shows rejection
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Although I expect the pair to go beyond the target to reach the Violet colored Long-term ascending channel ,I'd rather take profits at the area around 1.92 and if bearish signs persist I may extend the last TP to around 1.9 with the position running risk-free

Thanks for your reading and trade safe everybody

20 Eki 2021

İşlem kapandı: hedefe ulaştı

Price made a very minor correction so No Scale ins were added
thanks

2 Kas 2021

Not

the extended target is reached All closed