As we can see since some weeks ago, the price as been respecting this area very well.
Before the market close on 22-05 we can see a breakout for the down side and a fake out right next. We can see that is a fake out because the price came down again.
And now is expected a nice retest and a clear confirmation for the sell oportunity.
A good Stop Loss with around 30 pips can be good here.
Before the market close on 22-05 we can see a breakout for the down side and a fake out right next. We can see that is a fake out because the price came down again.
And now is expected a nice retest and a clear confirmation for the sell oportunity.
A good Stop Loss with around 30 pips can be good here.