bearish indications:
Fib level 0.618 respected in day time frame.
Bearish divergence.
Trend line support broken in 4 hr timed frame.
Moving average respected with the red candle indicates bearish movement.
Head and shoulder pattern in 4 hrs.
look for proper head and shoulder pattern to short in this pair.
Head and shoulder pattern in 15 min time frame
Bullish indications:
Resistance broken and forming as support in day time frame.
Bullish divergence in 4 hr time frame but not major.
Possible temporary movement of long before it falls
Trade plan bias short @ 152
SL:152.600
TP1:151.71
TP2:150.787
Fib level 0.618 respected in day time frame.
Bearish divergence.
Trend line support broken in 4 hr timed frame.
Moving average respected with the red candle indicates bearish movement.
Head and shoulder pattern in 4 hrs.
look for proper head and shoulder pattern to short in this pair.
Head and shoulder pattern in 15 min time frame
Bullish indications:
Resistance broken and forming as support in day time frame.
Bullish divergence in 4 hr time frame but not major.
Possible temporary movement of long before it falls
Trade plan bias short @ 152
SL:152.600
TP1:151.71
TP2:150.787
Note
TP 1 hit reversed
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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.