Price in ascending channel and has failed to make a new high
Price may bounce bullish at any of these levels shown
If price continues to fail through the ma levels then
1st Short trade
1st Sell Stop @ 1.1415
If price breaks below both ma levels then
2nd Short trade
2nd Sell Stop @ 1.1390
Sell TP is @ 1.1363
SL as shown
Watch for Mace to confirm direction by crossing below zero line
Price may bounce bullish at any of these levels shown
If price continues to fail through the ma levels then
1st Short trade
1st Sell Stop @ 1.1415
If price breaks below both ma levels then
2nd Short trade
2nd Sell Stop @ 1.1390
Sell TP is @ 1.1363
SL as shown
Watch for Mace to confirm direction by crossing below zero line
Note
Looks like the bears are out forgingNote
Manually closed trade when price hit 800 sma above TP
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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.