THIS IS A BIT MESSY....BUT LEMME JUST BREAK THIS DOWN;
SO I TOOK THREE TRADES ON THIS PAIR LATE AUGUST,
1 SHORT TERM SELL AND 2 LONG TERM SELLS,
THE SHORT TERM SELL HAS HIT T.P
SO BASICALLY WHAT IM LOOKING AT IS TO TAKE A RETRACEMENT TRADE, I THINK PRICE WOULD DOUBLE BOTTOM AND RETRACE TO THE 50.0 FIBLEVEL.
SO ILL BE RISKING 10% OF WHAT I MADE ON THE SHORT TERM TRADE TO POTENTIALLY GET 3 TIMES THAT, IF THIS TRADE GOES SIDE WAYS, LIKE I SAID IM STILL IN TWO LONG TERM SELLS SO THOSE TRADES WILL COVER MY POTENTIAL LOSS.
CHEERS GUYS
MY ORIGINAL BIAS ON A.N IS BEARISH....CHECK MY PREVIOUS ARTICLES TO GET THE FULL GIST
SO I TOOK THREE TRADES ON THIS PAIR LATE AUGUST,
1 SHORT TERM SELL AND 2 LONG TERM SELLS,
THE SHORT TERM SELL HAS HIT T.P
SO BASICALLY WHAT IM LOOKING AT IS TO TAKE A RETRACEMENT TRADE, I THINK PRICE WOULD DOUBLE BOTTOM AND RETRACE TO THE 50.0 FIBLEVEL.
SO ILL BE RISKING 10% OF WHAT I MADE ON THE SHORT TERM TRADE TO POTENTIALLY GET 3 TIMES THAT, IF THIS TRADE GOES SIDE WAYS, LIKE I SAID IM STILL IN TWO LONG TERM SELLS SO THOSE TRADES WILL COVER MY POTENTIAL LOSS.
CHEERS GUYS
MY ORIGINAL BIAS ON A.N IS BEARISH....CHECK MY PREVIOUS ARTICLES TO GET THE FULL GIST
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