I entered short this trade a couple of minutes ago.
Volumes suggest we are having a pullback and the structure looks for the moment to be parallel.
I will monitor the position in case it goes against me.
*** Trade at your own risk ***
Volumes suggest we are having a pullback and the structure looks for the moment to be parallel.
I will monitor the position in case it goes against me.
*** Trade at your own risk ***
Note
I am lowering my target (more profits!) to 1.69500 It's the bottom of the structure + a fib level
Note
Note
Since it's already late I will exit @ 1.69470 which is an area with a strong volume node. I will not look for more today with this pair.Note
We are trading around the daily pivot level. Waiting for it to break to add shorts.
Once this level is broken it should go down pretty fast
Note
Sell triggered @ 1.70080Trade closed: target reached
Target reached (1.69470)
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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.