Price has been trading downwards inside the falling channel so I am looking for selling opportunities.
# Bearish engulfing candle pattern formed around the resistance area (sell signal) signalling a potential bearish move
I have opened a sell order at market price 0.66676 with
# SL above the recent high @ 0.66994
# TP lower down at the swing low @ 0.65908
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
Follow me in Forex Bootcamp using the Telegram link below for real time updates
# Bearish engulfing candle pattern formed around the resistance area (sell signal) signalling a potential bearish move
I have opened a sell order at market price 0.66676 with
# SL above the recent high @ 0.66994
# TP lower down at the swing low @ 0.65908
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
Follow me in Forex Bootcamp using the Telegram link below for real time updates