Beskrivning
⋅ 1.05000 is a key level after price failed to break it yesterday. A clear break of this level will open the way to 1.3500 with relative ease.
Bearish bias is formed due to the fact Higher Lows and Lower Lows are being formed
D extension @ 1.03740 is a good area to take profits on short positions
Break of 1.06046 could encourage a few bulls but for me, it will be halted rather quickly by the waiting bears
Handel aktiv
⋅ trade was taken @ 1.06046. Holding short positions
Kommentera
⋅ Progressing nicely. Looks to have firmly broken out of resistance this morning. First targers at 1.05000
Kommentera
⋅ First target met @ 1.05000...still favouring more moves to the down side