I SEE A CLEAR CHANNELL. NICE LONGTERM SELL. I SELL A SHORTER TAKEPROFIT BUT ID LIKE TO CATCH THE 1ST WAVE AND LOOK TO ENTER OFF THE 2ND
WE HAVE AN OVERALL DOWNTREND ON THE MONTHLY, HOWEVER ON THE DAILY WEVE SEEN A RECENT PULLBACK. WITH THIS ENGULFING CANDLE ON THE WEEKLY WE CAN TAKE A STRONG CONSIDERATION THAT WE HAVE ANOTHER BIG DROP COMING ON THE HIGHER TIMEFRAMES. KEEP IN MIND THE POUND IS STILL VERY WEAK. GOODLUCK. MAKE MONEY