I will abort the BUY strategy @ 0.8470 and take small loss on it at current 0.8464. This is also my entry SELL.
The stochastic is negative again, even we are at a low level, but think we may re-test 0.8400-0.8370. The parallel channel is a continuation pattern and this suggest we see lower first. For now as stated SELL @ 0.8464 and take profit @ 0.8370 or lower. Stop-loss @ 0.8537.
The stochastic is negative again, even we are at a low level, but think we may re-test 0.8400-0.8370. The parallel channel is a continuation pattern and this suggest we see lower first. For now as stated SELL @ 0.8464 and take profit @ 0.8370 or lower. Stop-loss @ 0.8537.
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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.