oh this pair does get love haha just not a big time poster here.
I like the current weakening of the strong bullish trend. the rounded top is providing solid evidence of a possible move lower. Last week we've jumped the start a little i guess. Now awaiting confirmation prior to entry. my confirmation would be a touch of the green trendline, when this line is close to getting hit, or does get hit but not crossed we have a high probability of a move lower.
That would provide a very good R:R and the possibility to increase position size with the same percentage of risk I feel comfortable to take (2% of my account to ). High probability trading
I like the current weakening of the strong bullish trend. the rounded top is providing solid evidence of a possible move lower. Last week we've jumped the start a little i guess. Now awaiting confirmation prior to entry. my confirmation would be a touch of the green trendline, when this line is close to getting hit, or does get hit but not crossed we have a high probability of a move lower.
That would provide a very good R:R and the possibility to increase position size with the same percentage of risk I feel comfortable to take (2% of my account to ). High probability trading