Expecting short
Updated
Hi Traders i hope you all are doing well...
so my idea will be Short from the current market rate at 1.07696 till the fib 0.5% - 0.6%
1) We see the market went bearish and failed to break the support at 1.07241and with the support it bouched back to the weekly high 1.07903 and foremed a fvg as shown in the above chart i am expecting the fvg will act as a strong support and the market can expected to be a little sideways for knowing the direction next so i am going for a short from monday until it reaches the fvg.
IDEA-
Market order -1.07696
Tp1-1.07650
Tp2-1.07572
Tp3-1.07494
SL-1.07903
NOTE-
You are trading at your own risk the above idea is just an suggestion. Please leave your valuable comments in the comments area
so my idea will be Short from the current market rate at 1.07696 till the fib 0.5% - 0.6%
1) We see the market went bearish and failed to break the support at 1.07241and with the support it bouched back to the weekly high 1.07903 and foremed a fvg as shown in the above chart i am expecting the fvg will act as a strong support and the market can expected to be a little sideways for knowing the direction next so i am going for a short from monday until it reaches the fvg.
IDEA-
Market order -1.07696
Tp1-1.07650
Tp2-1.07572
Tp3-1.07494
SL-1.07903
NOTE-
You are trading at your own risk the above idea is just an suggestion. Please leave your valuable comments in the comments area
Trade closed: stop reached
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