Potential reversal of price
Price currently at the top of 3 times tested resistance line on the day chart
4Hr chart indicating the market is overbought
1Hr suggesting the market is overbought
Trying to catch the drop early... I have placed a tight SL if the price isn't ready to turn just yet.
Entry: 0.67849
SL: 0.68150
TP1: 0.67311
TP2: 0.66871
Price currently at the top of 3 times tested resistance line on the day chart
4Hr chart indicating the market is overbought
1Hr suggesting the market is overbought
Trying to catch the drop early... I have placed a tight SL if the price isn't ready to turn just yet.
Entry: 0.67849
SL: 0.68150
TP1: 0.67311
TP2: 0.66871
Trade closed: target reached
Hit TP1Trade closed: target reached
Hit TP2 (87 pips) Set up 10 Pip trailing stop to allow the trade to run out rather than closeTrade closed: target reached
Closed at 0.66948
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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.