We have these indicators for SELL opportunity:
- Reflection from the main downtrend line
- Low volume to continue the current direction (1D chart)
- Monthly high-level resistance
We define 3 goals:
TP 1 = 20 pips
TP 2 = 50 pips
TP 3 = 100 pips
- Reflection from the main downtrend line
- Low volume to continue the current direction (1D chart)
- Monthly high-level resistance
We define 3 goals:
TP 1 = 20 pips
TP 2 = 50 pips
TP 3 = 100 pips
Note
On our private channel, we manage this trade to be consistently profitable. But for educational purposes, this trade is finished.Note
As expected, this currency pair have fallen rapidly and in our group, we closed trades in profit :-)
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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.