BULLISH
1)HH and HLs.
2) Fib level 0.5 support at 3.43
Bearish
1) Bearish Engulfing at 3.8
2) Resistance at 3.62
3) Closed below Trend line
Trade Plan 1
Short from current price with tight stop loss
1) Entry 3.6
2) Stop Loss 3.7
3) Take profit 3.45
Trade Plan 2
Long if hourly candle closes above 3.65
1) Entry 3.65
2) Stop loss 3.43
3) Take profit 3.9
1)HH and HLs.
2) Fib level 0.5 support at 3.43
Bearish
1) Bearish Engulfing at 3.8
2) Resistance at 3.62
3) Closed below Trend line
Trade Plan 1
Short from current price with tight stop loss
1) Entry 3.6
2) Stop Loss 3.7
3) Take profit 3.45
Trade Plan 2
Long if hourly candle closes above 3.65
1) Entry 3.65
2) Stop loss 3.43
3) Take profit 3.9
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.
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.