Ive been watching this pair as a Bearish Divergence (Purple Arrows) has been forming from the beginning of this week on 4H. However as price is showing weakness (at time of writing) signalling that pressure from Bears is mounting, It would be premature to enter a Short trade at present. Am waiting for price to break below the 25 SMA (Yellow line) and retest this line before entering trade. So for now its a wait & see me . More update on this pair to follow.
Handel aktiv:
Entered trade at 1.3245 as price retested the 25 SMA as mentioned earlier
Trade stängt: målet nått:
reached 50pip set profit on 18/11/19 just after 22:00hrs