USD jumps down too fast, it will retrace deep
The price goes down too fast, if you use BB Indicator, it'll show the swollen bands which means it will retrace deep. You can use MA20 or EMA20 or EMA12 as the level to enter the trade.
In the chart, I highlighted the supply area (it was equilibrium), I foresee that the price will be tired and retrace to the area which are many limit orders waiting for the next short.
I put SL above the SR line.
In the chart, I highlighted the supply area (it was equilibrium), I foresee that the price will be tired and retrace to the area which are many limit orders waiting for the next short.
I put SL above the SR line.