I always advice traders to either trade the trend, or enter a counter trend entry only when a common chart pattern is forming such as the double-bottom or top, head and shoulders so that you may be confident in your entry.
This trade setup suggests that we are simply moving with the downtrend, since there is no sign of trend reversal as yet.
DISCLAIMER: Trading involves risks, and this setup does not constitute trading advice enter at your own risk!!!!!!!!!!!!!
This trade setup suggests that we are simply moving with the downtrend, since there is no sign of trend reversal as yet.
DISCLAIMER: Trading involves risks, and this setup does not constitute trading advice enter at your own risk!!!!!!!!!!!!!