Little SHORT, then big LOOONNGGGG!
Updated
Price has hit for 4th time bearish resistance and it appears the pullback has been exhausted, touch was also in 20/50 EMA zone.
Going short for 80-90 pips and taking profit before price hits bullish support trend that started back in September 2015. Wait for confirmation of support (with bullish MACD) and then look to enter long and hold.
Going short for 80-90 pips and taking profit before price hits bullish support trend that started back in September 2015. Wait for confirmation of support (with bullish MACD) and then look to enter long and hold.
Comment
Short target hit and profit taken. Now waiting for price response to support and entering long trade.Disclaimer
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