TRADE IDEA (21-25 Aug)
NEUTRAL (RANGE BOUND)
Target 1 hit last week
BEARISH Candle formed on Weekly timeframe
Price seems to be showing signs of exhaustion
would consider a SHORT on a close and hold below
4H BOS
UPSIDE
A break and hold above 4H BOS
level could target the 88.00 level
NEUTRAL (RANGE BOUND)
Target 1 hit last week
BEARISH Candle formed on Weekly timeframe
Price seems to be showing signs of exhaustion
would consider a SHORT on a close and hold below
4H BOS
UPSIDE
A break and hold above 4H BOS
level could target the 88.00 level
Trade active
I am SHORT @ 83.54 SL @ 86.15, will look to close 80% @ 83.00and BE stop loss.
A close below 82.35 opens a push to 78.00 Area
Trade active
Possible HEAD and Shoulder pattern forming on 4H timeframe
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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.