As the pair has reached the upper band from the uprising channel, it may be the moment for correction and look for a short entry setup.
Capturing the downward movement, supported by a soft divergence with MACD, the trade allows aiming for an R:R | 1:2 with an S/l around 75 pip from the E/L.
Capturing the downward movement, supported by a soft divergence with MACD, the trade allows aiming for an R:R | 1:2 with an S/l around 75 pip from the E/L.
Order cancelled
Price never triggered the sell order, and kept the upward momentum. Trade cancelled.
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FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
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FACEBOOK
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t.me/ogfxtrader
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facebook.com/ogfxtrader
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.