We have a nice triangle pattern which broke a couple of hours ago, with a successful retest.
EMA100 on H4 acted as a resistance and price didn't manage to go higher.
Price also broke the daily pivot with a power candle, suggesting sellers are in control.
I sold @ 75.024 and will target the next fib level @ around 74.700 - 74.720.
Trade at your own risk.
EMA100 on H4 acted as a resistance and price didn't manage to go higher.
Price also broke the daily pivot with a power candle, suggesting sellers are in control.
I sold @ 75.024 and will target the next fib level @ around 74.700 - 74.720.
Trade at your own risk.
Note
Note
I am selling these pullbacksNote
The bigger picture. The trendline is valid to me since it has been tested at least 3 times. Expecting a drop in the next hours. In case it doesn't I will monitor my SL manually
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.