Consolidation currently, i will check for further confirmation before shorting.
Note
Shorted EU:ENTRY: 1.0986
SL: 1.1022 (36PIPS)
TP1: 1.0950 (36PIPS)
TP2: 1.0850 (136PIPS)
TP3: 1.0775 (211PIPS)
Please move your SL to Breakeven when TP1 is hit, and move ur SL to TP1 when TP2 is hit.
All the best!
Note
Reason to short:1. Overbought zone be it in RSI or Stochastic RSI
2. Staying in the Channel still
This is just my opinion.
Note
close with 20+pips
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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.