A rising wedge pattern has been spotted with price below the lower trendline.
Traders who have longed this pair should consider exiting any long positions.
Plotting a fib line, I am only comfortable to short when price breaks below the 23.6% retracement.
Key support and resistance levels have been drawn using the navy blue lines.
Main TP will be 50% fib retracement.
R:R at about 1.5, good luck.
Traders who have longed this pair should consider exiting any long positions.
Plotting a fib line, I am only comfortable to short when price breaks below the 23.6% retracement.
Key support and resistance levels have been drawn using the navy blue lines.
Main TP will be 50% fib retracement.
R:R at about 1.5, good luck.
Dagangan aktif
Nota
Having some floating loss at the moment.Nota
Will look to close early if price goes above the trendline.Nota
I know it has been a few days, but the effort to wait was not wasted, we are in the money now. Hope you guys did not close the trade early.Suggest to shifting SL to breakeven for a risk-free trade for those who are still in the trade. Have a good week ahead.
Nota
We are in the money at about 160 pips, suggest to shift SL to 50 to 100 pips profit.Dagangan ditutup secara manual
Trade stopped out at 100 pips profit as SL shifted.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.