The price action could not reach the resistance line from the kind of megaphone pattern spotted in D1, and the sellers' pressure took control. At H1, the price has recently broken an ascending trendline. Expecting a pullback to reach the critical zone to further downward momentum towards the patter's support line.
The order:
Type: sell-limit
S/L: 20 pips - R:R | 1:4 -
T/P: support level
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The order:
Type: sell-limit
S/L: 20 pips - R:R | 1:4 -
T/P: support level
--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
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