4HR: Downtrend, retraced to 38.2, hit -27 several times. RSI bullish divergence
1HR: Downtrend, retraced to 50% and hitting support several times.
CURRENTLY: I am looking to see if price will break previous support, drop to -27 then reverse for the buy to the 1HR trendline
(60 + 60 pips)
1HR: Downtrend, retraced to 50% and hitting support several times.
CURRENTLY: I am looking to see if price will break previous support, drop to -27 then reverse for the buy to the 1HR trendline
(60 + 60 pips)
Trade closed: target reached
the sell didn't go through but once it broke and retested the minor trendline for the buy, I went long for and easy 60 pips to the previous support/resistance area.
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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.