- After yesterday Lower Lows, we might be seeing a Lower High form today.
- This new high appears to be forming at the top of a pitchfork channel
- Stochastic confirm it's overbought
Entry :
-If this candle close inside the pitchfork or if the next one engulf the previous bullish candle, Sell at market price
- Sell Stop set at 102.600
Exits :
- S/L a few pips above previous high at 102.760 then once the price is past my support area, I'll trail my stop above each swings.
- T/P at the bottom of the pitchfork hopefully
- This new high appears to be forming at the top of a pitchfork channel
- Stochastic confirm it's overbought
Entry :
-If this candle close inside the pitchfork or if the next one engulf the previous bullish candle, Sell at market price
- Sell Stop set at 102.600
Exits :
- S/L a few pips above previous high at 102.760 then once the price is past my support area, I'll trail my stop above each swings.
- T/P at the bottom of the pitchfork hopefully
Trade active
Sell Stop triggered at 102.600Trade closed: stop reached
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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.