In the monthly chart, can see that the price is side wave between the red and blue line. However, in daily chart, can see that price is nearly come to the resistance. I think about a short term down side to consolidate before come to next level.
So, what is my thinking. I will wait until daily chart resistance is broken, then test, and jump in buy side.
If price and RSI div have signal on the resistance, i will jump on sell on short term. Tp should be very short and must be carefull.
So, what is my thinking. I will wait until daily chart resistance is broken, then test, and jump in buy side.
If price and RSI div have signal on the resistance, i will jump on sell on short term. Tp should be very short and must be carefull.
Note
wait for closing candle today for next moveTrade active
Sell order.Sl around 140.5 (60 pip)
Tp1: 132.2 (680 pip)
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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.