Bearish indications:
Breakout from Wedge.
Support broken.
Day time frame indicates strong bearish continuation candles and Divergence possibly upto 1.08052.
LLLH
Trade Plan Bias Short/Possibilities:
Entry :1.09047
SL 1.09329
TP1 : 1.08784
TP2 : Once TPI hits SL to BE and ride the trend until 1.08052
Trade Plan B : Long if it bounces from support 1.08810
SL 1.08737
TP 1.09132
Breakout from Wedge.
Support broken.
Day time frame indicates strong bearish continuation candles and Divergence possibly upto 1.08052.
LLLH
Trade Plan Bias Short/Possibilities:
Entry :1.09047
SL 1.09329
TP1 : 1.08784
TP2 : Once TPI hits SL to BE and ride the trend until 1.08052
Trade Plan B : Long if it bounces from support 1.08810
SL 1.08737
TP 1.09132
Note
SL HIT.Note
Projection is hit although tight stop loss hit first.
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.
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.