counter trend trading
price is trading in a bearish parallel channel but i a anticipate a break above the channel as daily imbalance is in control, currently price is reacting off of liquidity pool ranging from 0.93163 to 0.93108 , i have longs at 0.93108 with stops 12 pips from entry price @ 0.92984 and targets 54 pips @ 0.93644 just a few pips below monthly level @ 0.9368.
This is a countertrend setups as current momentum is bearish
''It was definitely some tough moments throughout my life, but I kind of stayed focused and came through the other end of the tunnel. Victor Cruz''
This is a countertrend setups as current momentum is bearish
''It was definitely some tough moments throughout my life, but I kind of stayed focused and came through the other end of the tunnel. Victor Cruz''
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