Price continu to reject the level of interest I was watching to.
Here 2 possibilities were interesting for me :
1 - A breakout of my level which would have lead to a trendline break for a long opportunity
2 - A rejection of the level for a short opportunity with trendline rejection
For now the second one looks better, so I am shorting this pair.
I am not very confident on the target because we are not on a short trending market so need to be flexible on it.
Great Trade !
Here 2 possibilities were interesting for me :
1 - A breakout of my level which would have lead to a trendline break for a long opportunity
2 - A rejection of the level for a short opportunity with trendline rejection
For now the second one looks better, so I am shorting this pair.
I am not very confident on the target because we are not on a short trending market so need to be flexible on it.
Great Trade !