THE CABLE JUST BROKE A BIG SUPPORT THAT WAS HOLDING FOR THE LAST 3 WEEKS REPRESENTED BY THE BLUE LINE
ON A HOURLY CHART WE SEE A BEARISH TREND WITH A BEARISH MOVING AVERAGE
TIMING ON 15 MIN CHART WHEN PRICE HITS MA 20 FROM BELOW
FIRST TAKE PROFIT : 1.22
ON A HOURLY CHART WE SEE A BEARISH TREND WITH A BEARISH MOVING AVERAGE
TIMING ON 15 MIN CHART WHEN PRICE HITS MA 20 FROM BELOW
FIRST TAKE PROFIT : 1.22
Note
ONCE THE FIRST TP PROFIT IS REACHED I AM CLOSING HALF OF THE POSITION AND LOWERING THE STOP LOSS TO ENTRY POINT THE MARKET WILL GIVE US AN OPPORTUNITY TO REINFORCE THE POSITION IF CONDITIONS STAY OPTIMAL
Trade closed: target reached
1.2 was reached
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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.