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The market has just printed a M Pattern on the daily where we can expect a retracement on the neckline or wick that is also lining up with the structure in the market, which is previous support turns resistance. Take profit at the impulse and stoploss above the last high.
~TRADE SIGNAL~
SELL
Entry: 1.56391
Take Profit: 1.55599
Stop Loss: 1.5665
**NOTE: wait for the break and retest of the level before entering
Good luck!
You have plenty of time to achieve your target. Take it slow, observe good risk management techniques.
~FX_SHIFTER
The market has just printed a M Pattern on the daily where we can expect a retracement on the neckline or wick that is also lining up with the structure in the market, which is previous support turns resistance. Take profit at the impulse and stoploss above the last high.
~TRADE SIGNAL~
SELL
Entry: 1.56391
Take Profit: 1.55599
Stop Loss: 1.5665
**NOTE: wait for the break and retest of the level before entering
Good luck!
You have plenty of time to achieve your target. Take it slow, observe good risk management techniques.
~FX_SHIFTER