Weekly: Still trending Down
>Daily: Price 24/11 closes above the trendline.
>H4: price 24/11 creat a bearish DOW, but after that The bulls pushed the price up and close below resistance [0.672 - 0.671]
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Trading plan: Look M15 TF, price break trendline, waiting price restest RS & Trendline & EMA89. You can open order: Sell 0.675
Absolute Stop Loss at: 0.676
TP: Always more than stoploss!!!
*Note:
1/ DOW theory is the foundation of technical analysis
2/ I updated my analysis quite late, but I don't want you to have to trade. I hope you understand why the price moves like that!!
>Daily: Price 24/11 closes above the trendline.
>H4: price 24/11 creat a bearish DOW, but after that The bulls pushed the price up and close below resistance [0.672 - 0.671]
----
Trading plan: Look M15 TF, price break trendline, waiting price restest RS & Trendline & EMA89. You can open order: Sell 0.675
Absolute Stop Loss at: 0.676
TP: Always more than stoploss!!!
*Note:
1/ DOW theory is the foundation of technical analysis
2/ I updated my analysis quite late, but I don't want you to have to trade. I hope you understand why the price moves like that!!
Note
Target: 0.668 for swingNote
Scalping done at arrow!Trade closed: target reached
All done target: 0.668!!!Goodluck!
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.
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.