8 EAM Weekly Gap Short

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My bias for this pair is Long, but we have a significant 8EMA gap that needs to be filled. Also we have arrived at a significant resistance level at 117.360.

It has been rejected on the 4H TF and now we are heading south the the 8 EMA gap on the weekly at 115.500.

Once filled we will have another go at 117.360. If we can break this leve we are free to fly.

Disclaimer: I am still new to trading and testing my strategies. Not all trades Ideas I post will result in live trades. They might be tested on demos accounts.

Please share your Ideas with me and I am always open to positive criticism.

Remember to use risk according to your appetite.

Thanks for Checking out this Idea.

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