Story : Market has broken the strong support level of 1.35141 with good bearish momentum candle. This is a good sign of trend continuation. we plan our entry simply at the 0.382 level of fib once the market retraces which is 1.35279.
Anticipate : we anticipate market to remain bearish as it has broken the support level
Plan : we place our stoploss before the last LH and TP1 and TP2 with risk and reward of 1:1 and 1:2 accordingly.
Anticipate : we anticipate market to remain bearish as it has broken the support level
Plan : we place our stoploss before the last LH and TP1 and TP2 with risk and reward of 1:1 and 1:2 accordingly.
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.
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.