in 4H chart:
top of the bearish parallel channel
61.8% fibo retracement
resistance level
hidden divergence in RSI indicator
> Sell
Entry : 1.1200
-Stop : 1.1235 (35 pips)
-TP1- : 1.1130 (70 pips)
-TP2- : 1.1050 (150 pips)
in daily chart:
pullback to broken daily support level
[img]
[img]
top of the bearish parallel channel
61.8% fibo retracement
resistance level
hidden divergence in RSI indicator
> Sell
Entry : 1.1200
-Stop : 1.1235 (35 pips)
-TP1- : 1.1130 (70 pips)
-TP2- : 1.1050 (150 pips)
in daily chart:
pullback to broken daily support level
[img]
Trade closed: stop reached
Porfit = -35 pipsNow we can wait for pullback to buy this pair.
[img]
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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.