H4 chart
D1 chart
28/6/19
Daily downtrend, H4 price downtrend.
Current price retrace back to the previous support broken and now act as resistance.
SELL setup continuing with the trend.
RR :1:2 to the nearest previous support.
Trade active
Entered another on trend momentum at H1 TF
Note
Trade H1 close since price didnt break support 107.6 & momentum sell weakening with doji candle at H1, spike bar close at H4 (also uptrend structure)Since H4 not align with H1 trend, being conservative & close with small profit.
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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.