It is been observed on the hourly chart, that the price action is facing a selling pressure at 817-807 resistance levels, and now it shall further dip down to 50% Fibs retracement levels.
Target 1: 755 Target 2: 744
Stoploss: 801
Dagangan aktif
Dagangan aktif
It went up with the market but still didn't hit the stoploss and now I believe it will form a Pin Bar bearish candlestick. Regards
Dagangan ditutup: hentian tercapai
I initiated without waiting for the hourly chart candle to close and assumed that it may continue its prior trend.
Lesson: Never trade on assumption, wait for candle closing to figure of the direction of price action.
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