TRADE = SHORT
1) CONTINUATION PATTERN FORMING - BEARISH PENNANT FORMING ON DOWNTREND
2) ASCENDING TRIANGLE - POSSIBLE BREAK TO EITHER UPSIDE OR DOWNSIDE
3) DAILY CHART - SUPPORT TURNED STRONG RESISTANCE FROM 15/1/2016 POSSIBLE BREAK
4) 1 HR CHART - STRONG TRENDLINE RESISTANCE
AWAITING FOR PRICE TO BOUNCE OF RESISTANCE AT 1.4370
ENTRY ORDER - 1.4345
STOP LOSS - 1.4444
TAKE PROFIT - 1.4230
R:R - 1.16
1) CONTINUATION PATTERN FORMING - BEARISH PENNANT FORMING ON DOWNTREND
2) ASCENDING TRIANGLE - POSSIBLE BREAK TO EITHER UPSIDE OR DOWNSIDE
3) DAILY CHART - SUPPORT TURNED STRONG RESISTANCE FROM 15/1/2016 POSSIBLE BREAK
4) 1 HR CHART - STRONG TRENDLINE RESISTANCE
AWAITING FOR PRICE TO BOUNCE OF RESISTANCE AT 1.4370
ENTRY ORDER - 1.4345
STOP LOSS - 1.4444
TAKE PROFIT - 1.4230
R:R - 1.16
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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.