Original Trade
Trade Update:
Following the trade setup i suggested in my earlier post , the price triggered entry by false breaking the main falling trend line. However, failed to sustain the breakout to settle back below it, establishing a new structure of lower highs and lower lows. And that maintains the overall bearish bias i have. Now, I would suggest adjusting stop loss on this trade as shown on chart above 320.00, and partial profit should be taken at 209.00 support level, with a full target at 152.00 major low.
You can view my long term forecast published 12-monts ago. here
Join me, www.thefxchannel.com visit.. vote..subscribe
Regards,
Technician
Trade Update:
Following the trade setup i suggested in my earlier post , the price triggered entry by false breaking the main falling trend line. However, failed to sustain the breakout to settle back below it, establishing a new structure of lower highs and lower lows. And that maintains the overall bearish bias i have. Now, I would suggest adjusting stop loss on this trade as shown on chart above 320.00, and partial profit should be taken at 209.00 support level, with a full target at 152.00 major low.
You can view my long term forecast published 12-monts ago. here
Join me, www.thefxchannel.com visit.. vote..subscribe
Regards,
Technician
