Entering oversold territory with a strong bearish divergence on the 4H, expected to play out the same way as the pattern on 08/09/2017. Target is the 0.236 fibonacci line (formed from the top at 1900 and bottom at 1050) which coincides with an uptrend generated by the last bearish retrace.
Entry: 1340
Target: 1260
Stop Loss: 1352`
Entry: 1340
Target: 1260
Stop Loss: 1352`
Trade closed: stop reached
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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.