Breakout occurred followed by a re-test of the support as resistance.
I am shorting market price 1.87689 with
my stop placed above the resistance level at 1.88672 and
my take profit provisionally @ 1.84539 just above the support when using the swing low on the left marked with a yellow bar
Don't bet the farm and always exeercise healthy risk management.
This markup was done with a custom MT4 indicator >>> profitfxza.com/markup-buddy
I am shorting market price 1.87689 with
my stop placed above the resistance level at 1.88672 and
my take profit provisionally @ 1.84539 just above the support when using the swing low on the left marked with a yellow bar
Don't bet the farm and always exeercise healthy risk management.
This markup was done with a custom MT4 indicator >>> profitfxza.com/markup-buddy
Trade closed: stop reached
Stop hit. Price has returned within the trading range and is showing signs of the bulls taking over, I am still using the same markup and will update on a new trade idea to go long.
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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.