The first line of defense didn’t hold, and price has moved toward the Overlapping defense alongside the Fair Value Area.
I believe this level may hold, though once it reaches the target or gets close, we might see a temporary pullback or consolidation. For this reason, this trade requires close monitoring of price action, especially on a day full of important news. Be safe
Trade closed manually
I have closed in small losses because it looks like the price will drop hard.
💥 Explora mi viaje como trader: t.me/jaytradingmm 💰 Ideas detalladas y previsiones semanales 🎥 🗓️ Charlas en directo sobre los desafíos y aventuras del Trading 🏦 Exchange+ 20% cashback en fees: partner.bitget.com/bg/JaytraderCrew95
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.
💥 Explora mi viaje como trader: t.me/jaytradingmm 💰 Ideas detalladas y previsiones semanales 🎥 🗓️ Charlas en directo sobre los desafíos y aventuras del Trading 🏦 Exchange+ 20% cashback en fees: partner.bitget.com/bg/JaytraderCrew95
Also on:
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.