After the recent uptrend, i prefer to look for the reversal opportunity.
If the price will breakout the confirmation zone it's a sign of changing momentum,
It is also a sign that the price tends to reach the demand below and maybe the one at
The bottom, In that case, I'll look for P"A setup for sell position, my first target will be
The demand below and the final target is the demand at the bottom.
If the price will breakout the confirmation zone it's a sign of changing momentum,
It is also a sign that the price tends to reach the demand below and maybe the one at
The bottom, In that case, I'll look for P"A setup for sell position, my first target will be
The demand below and the final target is the demand at the bottom.
Note
i'll wait at 110.80 to sell there
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The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
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We Trade Forex - Come Join Us!
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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.