Price in a range
Create fib levels at Swing Low and Swing high
23.6% fib has created a resistance level - several failed breakout attempts
Price has created mini lower lows and lower high
Decision point at sup level and trendline for price direction
Short trade setup
1st Sell Stop @ 1.3225
2nd Sell Stop @ 1.3195
Sell Take Profit @ 78.6 fib level around 1.3085
Exit early if price hangs up around 50 sma/ & 1.3170 levels
Find SL
Create fib levels at Swing Low and Swing high
23.6% fib has created a resistance level - several failed breakout attempts
Price has created mini lower lows and lower high
Decision point at sup level and trendline for price direction
Short trade setup
1st Sell Stop @ 1.3225
2nd Sell Stop @ 1.3195
Sell Take Profit @ 78.6 fib level around 1.3085
Exit early if price hangs up around 50 sma/ & 1.3170 levels
Find SL
Note
Aggressive Entry at breakout of Trendline-Sup level - 15m chartNote
Take Profit early ifPrice hangs up around
50 sma and 1.3170
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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.