Breakout occurred which took the price past the regular resistance, price action slowing down with the slowdown of the trend on lower timeframes with a long wick and shorter body of the most recent bullish candlestick alongside a bearish RSI indicating that it is currently oversold. The trend may continue however I predict the trend to end and return to the regular level to around the 1.33439 level where I will set TP which is the typical resistance on the 4 and 1-hour timeframe.
Trade active
Shifted SL to 1.34060 Could also shift TP to 1.33361 if you want a greater rewardTrade closed manually
Sorry for no updates been away.personally I closed the position in politics on the 22nd before it became bullish
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.
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.