Validated confluences
1.Trendline broken
2.Support valid resistance broken
3.Profit margin 1:3
4.Price action high on the curve
Negatives
1. There are numerous support obstructions
2.Wait for up trend line to break
1.Trendline broken
2.Support valid resistance broken
3.Profit margin 1:3
4.Price action high on the curve
Negatives
1. There are numerous support obstructions
2.Wait for up trend line to break
Trade closed: target reached
Stopped out with couple of pips profit Selling higher look out for other post
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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.