CONSTRUCTIVE CRITICISM WELCOME.
Confluences:
1) 3rd touch of trend line.
2) Rejection of 38.2% fib.
3) Rejection of monthly resistance 1.0050.
Target at daily support.
Confluences:
1) 3rd touch of trend line.
2) Rejection of 38.2% fib.
3) Rejection of monthly resistance 1.0050.
Target at daily support.
Trade closed: stop reached
Trailed stop to my entry point once price broke 1.00263. Unfortunately price came back to re-test the monthly level and stopped me out at break even.
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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.