Overall bearish trend continuing . On 1H scale trace down Fibonacci and take entry through Sell Stop at Fib 0.38 which is 62719 .
Put in S/L and calculate TP1 and TP2 as per risk and reward of 1:1 and 1:2 respectively. Execute two trades according.
Put in S/L and calculate TP1 and TP2 as per risk and reward of 1:1 and 1:2 respectively. Execute two trades according.
Note
Correction: Order will be "Sell Limit" not "Sell Stop"
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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.