in 4H chart :
Resistance level
61.8% fibo retracement
Downtrend line
Pullback to broken downtren line in daily chart
> Sell
Entry : 0.7125
Stop : 0.7140 (15 pips)
TP1 : 0.7080 (45 pips)
TP2 : 0.7020 (100 pips)
Resistance level
61.8% fibo retracement
Downtrend line
Pullback to broken downtren line in daily chart
> Sell
Entry : 0.7125
Stop : 0.7140 (15 pips)
TP1 : 0.7080 (45 pips)
TP2 : 0.7020 (100 pips)
Trade active
Trade setup activated.Trade closed: target reached
First target reached. profit : 45 pips.
Move stop to entry point and wait for TP2 at 0.7020
[img]
Trade closed: target reached
Second target reached. profit : 100 pips.
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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.
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.