1Hr chart 3 bearish candles suggesting the price may continue downwards
Price has broken through the Ichimoku cloud confirming a downwards trend
1Hr Stochastic suggesting a continuation of bearish momentum
Consolidation of 1Hr candles through the Asian hours suggesting pent-up demand for a move
Entry: 0.66538
SL: 0.66779
TP: 0.66039
Price has broken through the Ichimoku cloud confirming a downwards trend
1Hr Stochastic suggesting a continuation of bearish momentum
Consolidation of 1Hr candles through the Asian hours suggesting pent-up demand for a move
Entry: 0.66538
SL: 0.66779
TP: 0.66039
Note
Added TP1: 0.66160Note
Trade active
Extended SL to 0.66855 to give some breathing space to potential Sellers reloading their positions.Note
Trade closed: stop reached
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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.