Reasons for
-We have broken our 4 Hour trend line to the downside
-Therefore we have broken structure and i 100% believe that after the break we are headed down
-We are going to get a impulse wave and this is a strong setup
- after all the long term trend is bearish !
Yes weve had two small losses but we are going to make it back on this one ;)
Also this is an aggressive entry you may want to wait for the pull back :)
On the daily we have put in a bearish engulfing
also the previous daily candle was huge bearish candle !
on the daily we can also price making Higher lows !
so we are headed down now i believe
My entry 0.70430
-We have broken our 4 Hour trend line to the downside
-Therefore we have broken structure and i 100% believe that after the break we are headed down
-We are going to get a impulse wave and this is a strong setup
- after all the long term trend is bearish !
Yes weve had two small losses but we are going to make it back on this one ;)
Also this is an aggressive entry you may want to wait for the pull back :)
On the daily we have put in a bearish engulfing
also the previous daily candle was huge bearish candle !
on the daily we can also price making Higher lows !
so we are headed down now i believe
My entry 0.70430