The trend failed to break the resistance, and form a fake breakout. In the following week, if the price continue fail to break the resistance, we can make an sell order in 4 targets following by the fibonacci.
As we can see that the distance of the current price to the support line is 84 pips.
As we can see that the distance of the current price to the support line is 84 pips.
Trade closed: stop reached
It hit my SL at 1.18901 but haven't break the resistance at 1.19082Note
Wandering between the resistance line and second time to attemptTrade closed: target reached
Fail to break the resistance line 3 times.Sell option reached TP1
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.