Sterling Swiss:
This pair is in a down trend.
Chart below:
Price has recently pull back allowing for a short position to be considered with a good risk reward.
Chart below:
Price has broken down through the averages and I am looking for a short entry as detailed below.
Levels and Chart below:
1st Entry: 1.4855
2nd Entry: 1.4865
Averaged entry: 1.4860
Stop Loss: 1.4890
Target: 1.4710
I will update again if and when the trade is triggered.
Regards
Mad Dog
No comments:
Post a Comment