On H4, Price at a key resistance level, making a double top pattern
Coinciding with fib retracement of 61.8
Price near MA 50.
Going aggresive, not waiting for the market to violate the trendline below.
I assume, the market will continue the newly established downtrend.
Sell stop won't be considered valid if the trade isn't triggered by 13:00 EST
Thanks for reading. Happy trading
Coinciding with fib retracement of 61.8
Price near MA 50.
Going aggresive, not waiting for the market to violate the trendline below.
I assume, the market will continue the newly established downtrend.
Sell stop won't be considered valid if the trade isn't triggered by 13:00 EST
Thanks for reading. Happy trading
Trade active
Market currently testing the trendline. Will close the position if the market doesn't violate it.Trade active
35 pips in profit. Moving SL to breakevenTrade closed manually
The market hits Stop loss at breakeven. A scratch trade.Note
No surprise there. It always goes in favor once I close my trade. 😄
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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.