After identifying this support zone, we emphasize that it has been tested numerous times previously and in the H4 chart it presents sale signals. MACD gave the cross and the price tested the support zone, rejecting it. I think it's a good time to open a short position.
Note
On the bigger picture, we can see clearly the several touches Note
I've opened a short position at 76.170Note
I've hold my position, we're now with +40 pips profit!Trade closed: target reached
+40 pips profit! Time to close! Trade at your own risk always!
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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.