Price Expected to Continue Downtrend.
Time Frame- 4H
1- Market Sentiment – Bearish.
2-Price Bounce Back at Resistance Level
Position :- Short
Entry Level :- 123.70
Stop Loss Level :- 124.50 (80 pips)
Take Profit Level :- 119.50(420pips)
UP Trend Maybe Continue if price break Above 124.50 which will leads to 126.00
Forex Trading is Highly Risky Business , do your own research and be aware of the risks and rewards. Always use Stop Loss.