A technical sell looking at indictors on a short time frame however I also think price will retest 1.27185 mark before heading down. On the back of this week the dollar has shown strength, thus cooling off the loses across all dollar pairs. In hindsight we are likely to see more short momentum.
Summary
Entry = 1.27185
Target 1 = 1.26496
Target 2 = 1.26000
RR Ratio ( T1)= 2.02
RR Ratio (T2) = 3.41
Plan the trade, Trade the plan!!!
Follow and Boost my ideas and let's Grow together.
Summary
Entry = 1.27185
Target 1 = 1.26496
Target 2 = 1.26000
RR Ratio ( T1)= 2.02
RR Ratio (T2) = 3.41
Plan the trade, Trade the plan!!!
Follow and Boost my ideas and let's Grow together.