Continuation of the downtrend, the dynamic support of the triangle on daily tf was broken and has now been retested.
First entry could be on the break of that small ascending trendline on 15 minutes tf (break of correction)
If that fails, the second entry should be around the 1800 area as long as a clear rejection occurs.
Target could be anywhere between the support area of 1776 and 1765
Please like the idea if you find it helpful :)
First entry could be on the break of that small ascending trendline on 15 minutes tf (break of correction)
If that fails, the second entry should be around the 1800 area as long as a clear rejection occurs.
Target could be anywhere between the support area of 1776 and 1765
Please like the idea if you find it helpful :)
Trade closed: stop reached
Seems like it was a false break
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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.