We are clearly still in a downtrend
Every attempt to cross the 1.75 level was unsuccessful(double top in 4H)
In the lower time frame, the Cup & Handle pattern is visible (low winrate)
Divergence in candles and volumes (also some other indicators like RSI and Acc).
if you need more confrmation, wait for cup&handle break
Good Luck
Every attempt to cross the 1.75 level was unsuccessful(double top in 4H)
In the lower time frame, the Cup & Handle pattern is visible (low winrate)
Divergence in candles and volumes (also some other indicators like RSI and Acc).
if you need more confrmation, wait for cup&handle break
Good Luck
Note
Risk freeNote
close or hedge position, wait for PPI. We will add more short again at higher prices.Trade closed manually
i close it At 1.7395, i don't like the way of work it.Trade active
After PPI Short againNote
risk free(again)Note
Add more short at 1.752Note
Don't panic this is it.Disclaimer
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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.