Price hit a demand zone and is moving down to break the support. The overall trend is bearish.
Enter price: Current Market Price
SL at 1.6285
I will update you on this trade
Enter price: Current Market Price
SL at 1.6285
I will update you on this trade
Trade closed manually
Note
We get a 3 retest lower, a swing low is formed. Let’s go buy for mean reversion Entry price: buy at 1.62000
Note
Stop loss at 1.61400Note
Mean reversion not valid. Move sell...
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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.