in 4H chart:
resistance level at 1.30
hidden divergence in RSI indicator
61.8% fibo retracement
top of the bearish parallel channel
> Sell
Entry : 1.3000
-Stop : 1.3075 (75 pips)
-TP1- : 1.2890 (110 pips)
-TP2- : 1.2790 (210 pips)
in daily chart:
pullback to broken support
[img]
[img]
resistance level at 1.30
hidden divergence in RSI indicator
61.8% fibo retracement
top of the bearish parallel channel
> Sell
Entry : 1.3000
-Stop : 1.3075 (75 pips)
-TP1- : 1.2890 (110 pips)
-TP2- : 1.2790 (210 pips)
in daily chart:
pullback to broken support
[img]
Trade closed: stop reached
Profit = -75 pipsNow we can buy in pullback to broken parallel channel
[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.