We can see at first nice resistance level at 0,618 Fibonacci retracement plus resistance level of previous breakout of the trend. On the Daily chart we can see touch of level 100 EMA (White one) and the Daily downtrend. Trade at the end of 4h candle or sooner.
Take profit at the 50 pips or at the 0,50 Fibo retracement and Stop loss at the 30 pips like on the picture. Happy trading fellas. -DaveGoody
Take profit at the 50 pips or at the 0,50 Fibo retracement and Stop loss at the 30 pips like on the picture. Happy trading fellas. -DaveGoody
Trade closed: stop reached
Unfortunately it goes to the stop loss. Thanks for support :)
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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.