I expect price to close below the moving average for the month of September.
I'll be looking for bear signals on the daily time frame.
Entries will have a stop loss but no take profit targets. Trades will be closed when monthly candle finishes painting.
Trade active
Bearish signal on the daily.
I measure yesterday's candle with a Fibonacci retracement tool. Levels 0.0, 0.236, 0.386, 0.5, 0.618, 0.724, and 1.0 have pending sell orders. Each order has a 20 pip stop loss and no take profit targets. The trades close via stop out of the close of September's candle.
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