EJ is running out of steam and has been rejected from a good resistance level and has fallen back below the .618 fib level. We can also see bearish divergence on the 1-hour timeframe below.
I am already in this position.
I am already in this position.
Trade active
My initial position was stopped out but I took a second position from 126.472 with stop at 127.600, currently in +26 pips.Note
We've broken out from the channel and after a .318 fib rejection, fell below the 50EMA and we can see that is now providing dynamic resistance. Note
I’ve banked 50% profits at 125.000 and I’m going to let the rest run to my target, which is ~59pips away.Trade closed manually
Closed @ 124.617 for +185.5 pips!
Website: ajazelahi.com/
Facebook Group: facebook.com/groups/aefx786
For my signal & fully automated copy-trading services, get in touch @ t.me/Ajaz_Elahi
Disclaimer: I do not take all of the trades I publish.
Facebook Group: facebook.com/groups/aefx786
For my signal & fully automated copy-trading services, get in touch @ t.me/Ajaz_Elahi
Disclaimer: I do not take all of the trades I publish.
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.
Website: ajazelahi.com/
Facebook Group: facebook.com/groups/aefx786
For my signal & fully automated copy-trading services, get in touch @ t.me/Ajaz_Elahi
Disclaimer: I do not take all of the trades I publish.
Facebook Group: facebook.com/groups/aefx786
For my signal & fully automated copy-trading services, get in touch @ t.me/Ajaz_Elahi
Disclaimer: I do not take all of the trades I publish.
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.