in 4H chart:
top of the bearish parallel channel (Blue channel)
top of the bullish parallel channel (yellow channel)
4H resistance
divergence in RSI indicator
> Sell
Entry : 1.0053
-Stop : 1.0073 (20 pips)
-TP1- : 1.0013 (40 pips)
-TP2- : 0.9983 (70 pips)
top of the bearish parallel channel (Blue channel)
top of the bullish parallel channel (yellow channel)
4H resistance
divergence in RSI indicator
> Sell
Entry : 1.0053
-Stop : 1.0073 (20 pips)
-TP1- : 1.0013 (40 pips)
-TP2- : 0.9983 (70 pips)
Trade closed: stop reached
Profit = -20 pips
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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.
Related publications
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.