1_ There is a clear sell short signal from the day chart - the price has reached a strong daily (in fact, weekly too) supply area.
2_ The chance of hitting TP (the lowest extreme) is high with a good R:R ratio.
3_ This trade follows the over-months trend + US fundamental news (rate hike)
2_ The chance of hitting TP (the lowest extreme) is high with a good R:R ratio.
3_ This trade follows the over-months trend + US fundamental news (rate hike)
Trade closed: target reached
Closed more Ethan 300 pips profit. Awesome!
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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.