Price has been hanging around the supply zone for a while so I have been looking for clues to short.
We now have a small support that was broken and tested as resistance plus a bearish engulfing pattern has printed
Short @ market price 146.935 and
SL above the high of the bearish engulfing pattern @ 147.935 and
TP at support lower down @ 144.584
Don't bet the farm and have fun trading!
We now have a small support that was broken and tested as resistance plus a bearish engulfing pattern has printed
Short @ market price 146.935 and
SL above the high of the bearish engulfing pattern @ 147.935 and
TP at support lower down @ 144.584
Don't bet the farm and have fun trading!
Trade closed manually
Trade closed manually banking 168 pips profit. (in anticipation of the news later on)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.