Price remains trading within a descending channel. Strong bearish bias continuation allows the setup os a short position to capture the downward movement.
Expecting the downtrend continuation after rejection from the EMA allows a sell stop entry to be placed.
The order:
Type: sell-stop
S/L: 44 pips - R:R | 1:3.4 -
T/P: previous resistance level
--
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Expecting the downtrend continuation after rejection from the EMA allows a sell stop entry to be placed.
The order:
Type: sell-stop
S/L: 44 pips - R:R | 1:3.4 -
T/P: previous resistance level
--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
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