As expected we got the move above 1.21 into the weekly SUPPLY/SELL zone you can read the full analysis in my related post.
You will read in that post that I was looking for a SELL signal to occur on timeframes above the 4hr once we went above 1.20 my indicator give that SELL signal earlier today and we entered the position.
As per previous post we will target the previous swing high in the current trend @ 1.16 with stop loss above the SUPPLY/SELL zone.
As the position moves in our favor I will lock in profits and trail the stop.
If you read my related post this is going exactly as predicted enjoy
You will read in that post that I was looking for a SELL signal to occur on timeframes above the 4hr once we went above 1.20 my indicator give that SELL signal earlier today and we entered the position.
As per previous post we will target the previous swing high in the current trend @ 1.16 with stop loss above the SUPPLY/SELL zone.
As the position moves in our favor I will lock in profits and trail the stop.
If you read my related post this is going exactly as predicted enjoy
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Join Telegram group -t.me/+T7V_JSiKKsliMTJl
30 Days, 30 Ways to 10X Your Trading Results Get free daily tips to transform your mindset, strategy, and consistency.
Sign up here → thetradingedge.net/30days
Related publications
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.