Hi,
It looks like the candle closed below the 10 sma on the Kiwi. Just like to know if this a valid signal, or if there is any reason not take the trade.
My idea is to enter on a SELL on 38 or 50% retrace of the long bearish candle. If anyone would avoid this trade, is there any reason?
thanks
It looks like the candle closed below the 10 sma on the Kiwi. Just like to know if this a valid signal, or if there is any reason not take the trade.
My idea is to enter on a SELL on 38 or 50% retrace of the long bearish candle. If anyone would avoid this trade, is there any reason?
thanks
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