This article was posted on Wednesday, 21:14, UTC.
The price drops below the cloud. DMI confirms downward movement and allows trading. We have sell opportunity. Pending orders should be placed below the low of the signal candle. Stop orders must be placed above the local swing high. Profit target should be at the support zone. Don’t risk more than 3% from your deposit in this trade.
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Profit Targets: 1.17500
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Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.