If price action does not find support soon to make a run a run at 0.9832, then its likely price action continues lower to the 0.9570 level. Either way, the 0.9570 level will be achieved in the upcoming trading sessions.
Trade ist aktiv:
There is risk of price action moving against our short position in the short term, but confidently awaiting this move lower to develop and hit our target level.
Trade geschlossen: Ziel wurde erreicht:
As we thought might happen, price lingered higher for longer than we anticipated, but that's ok because we were prepared for it. Price action moved sharply lower right to our target level for a nice profit. www.thecharttraders.com