Both moving averages are showing strong downtrend.
Price just completed the Touch of the initial D-Res Zone.
Break Below would be a great signal for go short.
Stay tuned with this trade idea for more updates.
İşlem aktif
Place Short trade as the price broke below the trendline.
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Price hit the 10 PIPs in profit. Therefore, move Stop loss to 👉 (-2 PIPs) to cut the losses of this trade.
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Price Hit 15 PIPs Profit Move SL to Breakeven. Now this is a Risk Free Trade. 💪
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Price Hit 20 PIPs profit, Move SL +3 . Now this trade have +3 Profit 💪
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Trade keep running. London momentum is getting lower and the few USD news announcement is coming around New York open. It's better to let the trade play out while keeping some profit lock.
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