My expected price will bounce on ema 90 (Daily time frame)
SL : 0.7156 (65 pips)
TP 1 : 0.6995 (+1.5)
TP 2 : 0.6943 (+2.2)
TP Max : 0.6858 (+3.5)
SL : 0.7156 (65 pips)
TP 1 : 0.6995 (+1.5)
TP 2 : 0.6943 (+2.2)
TP Max : 0.6858 (+3.5)
Note
I am worried that the price will not reach the 0.618 line, and now the price is in the trendline and you can see that the price is bouncing on the trendline, and there is a triple top on the small timeframe. You can sell now if you want (USE SMALL LOT), because the main plan is still selling at the 0.618 line and seeing resistance at that line, confirmed by the price action
Trade active
sell limit is triggered, be aware that the price will reset the trendline and go back up because price has broken the descending channel.
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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.