Waiting is the best key to trade in the pullback

Price could break the support zone and we can sell in the pullback to that zone.

But, But, But , price didn't spend enough time below the support zone and this sell is very risky.

It's better to wait more time to form ideal structure below support zone and then sell in the pullback.

So i will wait for more bearish candles below support zone and then enter to short position.

Kommentar:

I think it's enough. The support level was broken certainly and I look forward to pullback.

The entry point not defined yet. Wait more time

Kommentar:

Now I set my sell limit order in this point

Sell = 0.9645
SL = 0.9666
TP1 = 0.9605
TP2 = 0.9545

Signal
1. pullback to broken support level
2. 61.8% fibo retracement of last bearish move
3. key level at 0.965
4. Price near the downtrend line

Trade geschlossen: Stop wurde erreicht:

Profit = -20