Price rejected the resistance (trend line) and weekly candle made long shadow. It look even better
on the daily chart where We have 3 bearish candles:
R:R ratio is amazing: SL 100 pips and TP even 1300!
In next week I hope we'll see small correction to 0,7670 / 0,7690 level where is best place to open short positions.
on the daily chart where We have 3 bearish candles:
R:R ratio is amazing: SL 100 pips and TP even 1300!
In next week I hope we'll see small correction to 0,7670 / 0,7690 level where is best place to open short positions.
Trade active
sell positions - 0,7668 and 0,7678one more waiting -0,7688
Note
Now We have 2 bearish candles on weekly chart!. Our sell signal is getting stronger.Note
Now we have about 100 pips profit and I thing that big drop move (which I was waiting for) began.Note
Added short at 0.7725Note
know it's another 100 pips profit from our "added zone" at 0.7725 :)
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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.