Hi Traders,
In the chart you will see we've bee printing bearish divergence and with the close of the 4h candle we just printed a HUGE Dragonfly Doji signaling further declines. I expect a retest of the channel at .1735 and if we sustain a break below the trendline, look out below!. Trade at your own risk, this is for entertainment purposes only and I am not a financial advisor. Do your own research!
So what's my totally awesome, completely unique trading plan you ask? I plan to open a short with a stop loss at .185, first target .145 second target at .128 - Good Luck!
In the chart you will see we've bee printing bearish divergence and with the close of the 4h candle we just printed a HUGE Dragonfly Doji signaling further declines. I expect a retest of the channel at .1735 and if we sustain a break below the trendline, look out below!. Trade at your own risk, this is for entertainment purposes only and I am not a financial advisor. Do your own research!
So what's my totally awesome, completely unique trading plan you ask? I plan to open a short with a stop loss at .185, first target .145 second target at .128 - Good Luck!