Looking at the market (60min) I can predict the trend by watching what price do. As seen in the photo price is in a downtrend followed by the trendline. However you know price is trending downwards because price is creating lower highs and lower lows, which confirms a downtrend (bearish market). Thus I'm looking to sell to 0.89432 a strong support level.
TP 1 (10 PIPS) 0.89584
TP 2 (20 PIPS) 0.89484
TP 3 (30 PIPS) 0.89384
Create your SL(Stop loss to fit your risk management)
TP 1 (10 PIPS) 0.89584
TP 2 (20 PIPS) 0.89484
TP 3 (30 PIPS) 0.89384
Create your SL(Stop loss to fit your risk management)
Komentar:
All three take profits hit