Bearish Break for Long

2 Mar 2018

When the market breaks the channel (downwards) I predict a sell opportunity for a Long Investment strategy. The setup will expire once the market reaches the first blue horizontal line at the bottom, at Price 1.26148. Therefore 1.26148 will be the take profit for this break.

There is a possibility of a continuous downward trend to hit Take Profit 2 at Price 1.25260

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