- aggressive down trend (price trending below 8 ema)
- close as a high test bar after:
- retest of level after break (1.0800)
- retest of 8 ema
- 0.382 Fibonacci level rejection and close below
entry - below low of high test bar
stop loss - above high of high test bar
target - next support area/1.272 Fibonacci extension at ~1.0530
- close as a high test bar after:
- retest of level after break (1.0800)
- retest of 8 ema
- 0.382 Fibonacci level rejection and close below
entry - below low of high test bar
stop loss - above high of high test bar
target - next support area/1.272 Fibonacci extension at ~1.0530
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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.