ENTRY: 0.805
TP1: 0.900
TP2: 0.970
SL: 0.720
- ADX>20 but would like it to be >25 instead
- RSI<50 and would like it to be >50 to give confidence on COC
- RS -ve so slight risk
- FFI +ve
- COC on 11 Mar 2021 with good volume
- Breakout from HVN resistance yesterday with good volume
- Weekly chart looks good on reversal from support with good volume
- Watchout for price action near down-trendline
TP1: 0.900
TP2: 0.970
SL: 0.720
- ADX>20 but would like it to be >25 instead
- RSI<50 and would like it to be >50 to give confidence on COC
- RS -ve so slight risk
- FFI +ve
- COC on 11 Mar 2021 with good volume
- Breakout from HVN resistance yesterday with good volume
- Weekly chart looks good on reversal from support with good volume
- Watchout for price action near down-trendline
Trade closed manually
- Closed at 0.875- Not good closing today. Forming possible shooting star.
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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.