Entry 0.78915
SL 0.79311
TP - Initially 0.76148
Monthly - price nearing top of down trend channel co-located 0.800 psych resistance.
Weekly - Head/Shoulder then retrace to test 0.800
Daily - 4 pin bars. 3 of which are inside bars. This shows strong rejection off of 0.800.
Risk= 0.10 (39.6 pips).
RR= 7:1 initially.
SL 0.79311
TP - Initially 0.76148
Monthly - price nearing top of down trend channel co-located 0.800 psych resistance.
Weekly - Head/Shoulder then retrace to test 0.800
Daily - 4 pin bars. 3 of which are inside bars. This shows strong rejection off of 0.800.
Risk= 0.10 (39.6 pips).
RR= 7:1 initially.
Note
trade currently active
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.