Motivation:
- Group of moving averages is well spread and pointing down, indicating with a high probability that a solid down trend is in place
- Formation of a bearish triangle pattern in a well established down trend;
Entry @ 159.26
SL @ 162.8
TG is open, although my first "mental" target is the 150 key round level.
Trade Management: boxes in units of risk-to-reward ratio
Lets see what happens.
Happy trading all!
- Group of moving averages is well spread and pointing down, indicating with a high probability that a solid down trend is in place
- Formation of a bearish triangle pattern in a well established down trend;
Entry @ 159.26
SL @ 162.8
TG is open, although my first "mental" target is the 150 key round level.
Trade Management: boxes in units of risk-to-reward ratio
Lets see what happens.
Happy trading all!