Price reaches significant Resistant(Previous support in Dow theory)
1st TP will be on the next support zone
2nd TP will be on 50% trend base fibo (optional)
BEWARE OF USD NEWS
However, on the technical side still represent a strong bearish trend.
Winrate 60-70% if there is no fundamental factors come to play
Trade at your own risks.
1st TP will be on the next support zone
2nd TP will be on 50% trend base fibo (optional)
BEWARE OF USD NEWS
However, on the technical side still represent a strong bearish trend.
Winrate 60-70% if there is no fundamental factors come to play
Trade at your own risks.
Trade closed: stop reached
Price piercing to stoploss and leave a wick
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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.