The price is entering Resistance area, look at H4/D1 to see the Resistance area.
So, I choose to wait if the price will fail to break Resistance line, and then open SELL.
SL at 78.829
TP1: 78.050
TP2 below 77.500
TP3 76.800
Support and resistance, pivot line,
So, I choose to wait if the price will fail to break Resistance line, and then open SELL.
SL at 78.829
TP1: 78.050
TP2 below 77.500
TP3 76.800
Support and resistance, pivot line,
Note
The price was almost touched our SELL AREA (min -20 PIPS)..I am waiting for the second move (retest)..
Note
Twice time Mr Price touched our Resistance Line, but unfortunetly he did't hit our SELL AREA. So I think I will move SELL LIMIT below our current SELL AREA.
Wait for the updated area..
Trade active
Note
Move your SL to SL+1, bro..Trade closed: stop reached
Hit SL +1The area is still valid..wait to OP..!
Note
SELL AREA is no longer valid.(2/6/2020)
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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.