I missed this entry earlier this week because of small SL, but here we have another shot at this pair based on my strategy.
On daily, apart from TDI breaking, we don't meet others requirements : RSI is very high and PAC is not broken.
But on 4H timeframe, these requirements are met. So I'm aiming for some fib retracement for the following days.
On daily, apart from TDI breaking, we don't meet others requirements : RSI is very high and PAC is not broken.
But on 4H timeframe, these requirements are met. So I'm aiming for some fib retracement for the following days.
Note
Missing the weekly chart could be a big mistake. This trade is more of a gamble of reversal on daily. It's unlikely that daily green tdi will go south to RSI 50. That's what I aimed for at the beginning but it seems unlikely. Trying to call tops or bottoms is often deadly.
Note
Wrong picture again sorry.Trade closed manually
Totally forgot to update this one!I Closed@1.7343.
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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.