Looking back to the massive drop that happened on 9/3/2020, there was a bullish rally thereafter. The market made another peak on 24/3/2020 and the bearish run started. The drop had series of pullbacks along the fall.
This pair has been ranging on a 4 hour chart and I am looking at a long term bearish trade with TP1 at FIB 61.8 and TP2 at FIB 78.6
Proper risk management is necessary to take a long trade like this considering present market volatility .
This pair has been ranging on a 4 hour chart and I am looking at a long term bearish trade with TP1 at FIB 61.8 and TP2 at FIB 78.6
Proper risk management is necessary to take a long trade like this considering present market volatility .