Monday, March 20, 2017

Resist or Resistance

The Daily Chart shows that we are currently near a previous high and at the time of this post, the current price action might set up a bearish Power of 3 pattern. It will be invalidated if we trade higher than, 1.0777ish.


I also think that we are against a H1 Bearish Order Block and that price might play out an Optimal Trade Entry Short. There are stops below at levels ICT would call, "too clean."


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