Short position 3.0
1 hr support zone rejected ... 1 hr Ema's both acting as resistance ... Trendline respected as resistance.
Bull run is over back to the bears.
Please note - previously when price rejected 1.19277 price dropped to high 1.17 level, I personally think the same will happen again.
Also; there is no support below the 1.19277 zone = price can free fall ...
Only worry I have is 1 hr and 4 hr stoch doesn't support the sell but I am trading off the trend in the price - need to educate myself further on my understanding of the stochastic.
Time will allow this to play out, shall wait and see.
Thanks
RR
Bull run is over back to the bears.
Please note - previously when price rejected 1.19277 price dropped to high 1.17 level, I personally think the same will happen again.
Also; there is no support below the 1.19277 zone = price can free fall ...
Only worry I have is 1 hr and 4 hr stoch doesn't support the sell but I am trading off the trend in the price - need to educate myself further on my understanding of the stochastic.
Time will allow this to play out, shall wait and see.
Thanks
RR
Dagangan aktif
SL moved to 1.2RR: 1.03
Dagangan ditutup: hentian tercapai
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.