sell on rally
1. setup
- overall trend is downward (200 EMA)
- wedge breakout downward
2. entry
- Fibonacci retracement
- previous wedge support is considered as resistance now
- overall trend is downward (200 EMA)
- wedge breakout downward
2. entry
- Fibonacci retracement
- previous wedge support is considered as resistance now
Trade active
short 50,000 unit at 1.1617Trade active
Short 50,000 unit more at 1.1592. so average trade price is 1.1604Trade closed manually
closed 1.1370Trade active
sell limit order about latest fibonacci 32% (1.1468) 50,000 unitand 50% 1.1496, 200,000 unit.
just let's see
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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.