bearish sentiment
This coming week am looking to sell this pair. Last week we had a analysis where we predicted the movement of the pair as shown by the arrows, an intensive push and breaj below that Red trend however we knew that often times the market comes back and retest the broken level for further momentum. Seeing that happening we had good orders
Now we are focusing on more bearish movement and already engaged but rather i decide to share with the few who appreciates my little simple analysis that ends up paying.
So for levels of structure we have an unequivocal area of multiple resistance
We also have a clear head and shoulders forming thou not complete
We have more reasons to be in this trade however if the market decides to go the other way so be it ..we trade our strategy and this is one of the most profitable setups in my pairs so far
the pair has a tendency of spiking and hitting stops, be on alert of give enough room for the market to breathe
Now we are focusing on more bearish movement and already engaged but rather i decide to share with the few who appreciates my little simple analysis that ends up paying.
So for levels of structure we have an unequivocal area of multiple resistance
We also have a clear head and shoulders forming thou not complete
We have more reasons to be in this trade however if the market decides to go the other way so be it ..we trade our strategy and this is one of the most profitable setups in my pairs so far
the pair has a tendency of spiking and hitting stops, be on alert of give enough room for the market to breathe
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