As you can see, we are in a obvious downtrend with some sideways movement before the higher lows come in play... Trend line is broken and fail right into support. I suspect the support to be broken after a temporary retest of the resistance. Thoughts?
2:1 win loss ratio
2:1 win loss ratio
Note
Looks like it bounced off the support.. but you don't lose until the stop loss hits.. we'll see how this next hourly candle turn outNote
You don't lose until stop loss hits... 60+ pips made.
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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.