- Strong Bearish Divergence with stochastic - Overbought - About to start leg C of the correction waves of a bearish Elliott Wave - On resistance area plus streong trendline tested 3 times over the last ~100 days
Exits : - S/L few pips above trendline and resistance area - T/P at 101.700 for R/R ratio = 2 if I see a sign of strong bearish candle I might drop it all the way to the next zone while moving my stop loss above the previous resistance area
Trade active
Here we go
Trade closed manually
lost confidence, price faced support on a support area with a rather bullish candle and the stochastic is oversold
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