We are at the top of intraday descending channel. Yesterday afternoon, we have seen sharp declines at 5.41 level, which is a strong resistance, at daily descending channel. Short and hold your position for 5.25. I expect to reach that level until 20.30 by turkish local time. If we stay above 5.35 until that time, trade idea will be cancelled.
Trade stängt manuellt:
we are closing our trade with 540 points. 5.25 target is risky because, interest rates turned upwards.