USDSDG big move down

14 Oca 2017

Price testes resistance and got rejected, I expect price a move down all the way to 1.34000 in the next months... this is a long term trade and the sl is about 170 pips but I think its worth it..... previously price was able to break the resistance but the breakout wasn't strong enough, now we can see a recent bearish rejection candle ( or pin bar ) formed which is telling us that price wants to go down, we might see a little correction in lower timeframes maybe 1 hr but I think a sell stop would be a good entry at 1.42100.
"The forex market is the transfer of money form the impatient to the patient"

7 Şub 2017

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