Simple Price action
This nice 4-day trend line broke and as you can see, CDV seems to confirm this move (zoom in to see it better).
I added a Fibonacci extension and you can see that the next possible target is at around 88.130 levels.
I am short, entered @ 88.520.
A 40-pip trade if it goes the right way!
Trade with care and show some ❤❤
Jesse
This nice 4-day trend line broke and as you can see, CDV seems to confirm this move (zoom in to see it better).
I added a Fibonacci extension and you can see that the next possible target is at around 88.130 levels.
I am short, entered @ 88.520.
A 40-pip trade if it goes the right way!
Trade with care and show some ❤❤
Jesse
Note
Adding more to my shortsNote
Re-testing the trend line, still in the tradeNote
There you go, nice rejection M5, adding to my shorts againTrade closed manually
Another scenario occurred, I closed the trade this morningRelated publications
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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.