As you can see, price had tested on level $155.55 twice. it seems going to form double bottom and it did break the neck zone and retest on $163.8 price. It seems perfect trade for LONG entry.
However, the market is losing its steam and bear step in. It gives us 2 strong bear candles closes.
SL @ 165.35
Entry SHORT @ 163.15
TP1 @ 158.70
TP2 @ 155.55
However, the market is losing its steam and bear step in. It gives us 2 strong bear candles closes.
SL @ 165.35
Entry SHORT @ 163.15
TP1 @ 158.70
TP2 @ 155.55
Trade closed manually
trade does not go as the plan. Long shadow was printed last night.
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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.