the price touched the 48 period MA and it may get further down in this trend after recovering some short covers.
t1 is highly achievable.
risk is just 10-15 pips.
t1 is highly achievable.
risk is just 10-15 pips.
Note
T1 achieved.now if the price crosses below the current low, we would definitely look for T2.
Exit the trade if the price crosses above 48 period MA(we don't know what happens after that)
Trade closed: target reached
T2 ACHIEVED
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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.