Confluences
1. Daily time frame trendline resistance.
2.Shooting star candle stick.
3.Long-term down trend.
4.Market Structure Did not create Higher high.
5.Great R:R 1 to 5
Entry:0.96250
Stop-loss :0.96650 (Slightly Above last swing high)
TP 1:0.95300 (1st support area)
TP 2:0.94200 (last swing low area )
Risk 1%
If price hit stop loss and reach 0.96900 area will look for another sell confluences and risking 2 %.
1. Daily time frame trendline resistance.
2.Shooting star candle stick.
3.Long-term down trend.
4.Market Structure Did not create Higher high.
5.Great R:R 1 to 5
Entry:0.96250
Stop-loss :0.96650 (Slightly Above last swing high)
TP 1:0.95300 (1st support area)
TP 2:0.94200 (last swing low area )
Risk 1%
If price hit stop loss and reach 0.96900 area will look for another sell confluences and risking 2 %.
Note
sl hittedNote
Sell again 2% risk,SL at 0.97150 CHF is gaining momentumTrade closed: stop reached
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.