will be looking for a pullback before we jump into a short position
Note
Price broke our descending trendline which mean we waited for a pullback to enter long which we did after it broe for second time and SL is moved to first 4H Resistance for now.
Trade closed manually
Trade hit SL around 1.25070 and instantly activated our short. SL on the short is at B.E and our profit area will stay the same for now.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.