Hello everyone, if you like the idea, do not forget to support with a like and follow.
Analysis:
All HTFs (Monthly, Weekly, Daily) are bearish. Trade is based on the Weekly ICI (Impulse Correction Impulse) and M Pattern. Entry is on the 4HR (Swing Setup), it is where our Entry, SL, TP is decided which is based on the EMA, MACD, where we can see a continuation to the downside. We will just wait if the price will reach the 0.382 of the fibonacci retracement and/or the neckline of the M pattern.
SELL (Swing)
Entry: 0.85134
Take Profit: 0.83599
Stop Loss: 0.85508
Good luck!
All Strategies Are Good; If Managed Properly!
~FX_SHIFTER
Analysis:
All HTFs (Monthly, Weekly, Daily) are bearish. Trade is based on the Weekly ICI (Impulse Correction Impulse) and M Pattern. Entry is on the 4HR (Swing Setup), it is where our Entry, SL, TP is decided which is based on the EMA, MACD, where we can see a continuation to the downside. We will just wait if the price will reach the 0.382 of the fibonacci retracement and/or the neckline of the M pattern.
SELL (Swing)
Entry: 0.85134
Take Profit: 0.83599
Stop Loss: 0.85508
Good luck!
All Strategies Are Good; If Managed Properly!
~FX_SHIFTER
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.