1. This is against the trend but there is a pattern on M15 2. There is a previous days high resisting this trade 3. There is a lot of divergence on each timeframe 4. If this is able to break the H1 moving average it will be a long fall 5. First chance take half profit at M15 oversold 6. Stop loss of 60 pips
Trade closed: target reached
The trade netted us 4.72%. Could have been much more if didn't take partial profit. Hope you caught the ride down!
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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.