I labeled the high and low on the chart. Now because price broke the previous low and I am looking for a sell trade after price pulls back. The price pulled back to the previous low and gave a bearish engulfing candlestick as my confirmation to enter in for a sell trade. I have my stop loss well above the high an my take profit just at the low. I have a good risk to reward ratio. This is a good sell trade.
ForexfxtradingSupport and ResistancetradingtradingsignalsTrend Analysis

Also on:

Disclaimer