Here we can see a short term trendline break and impulse move to the downside, followed by a retracemenet back to the trendline which sat in confluence with the 50 and 200 moving averages, a Support/Resistance Level and the 50/618 fib level. No divergence against us and we are trading in the direction of the trend. Wish me luck.
Trade closed: stop reached
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.