The red zone has been tested multiple times in the past which makes this a valid sell for me. I am currently just waiting for the market to show me some entry reason for sell then im going in for sell trade, looking to catch around 100 pips. This pair is also in down trend on bigger time frames.
If anyone has anything to say to correct or advise me, please do so...
Waiting for entry reason in the red zone on 4H chart. if i get the entry reason im going to sell. Looking for medium term sell on this pair. This zone has also been tested multiple times in the past.
This line was tested multiple times in the past and was followed by a big bounce of price. I personally am just waiting for a solid Entry reason, then im going short.