Price is heading towards 1.780000
Güncellendi
Yesterday price rejected 1.80400 and dropped 97 pips leaving behind a reversal pin bar candle on the daily.
Today's daily candle opened and pushed up to retest the broken support @ 1.79800 then rejected this level on H4.
My idea was:
I waited for the next H4 candle to open, then i got in on sells but i got in too early so i closed the trade and took a better entry right from the resistance @ 1.79700 with a much tighter SL.
Following the weekly pattern, price should continue dropping down to the weekly support / demand zone @ 1.780000.
I have two profit targets in mind based on how price acts up. My first TP @ 1.78700 and second TP @ 1.78000 if and when the support of TP 1 is broken.
Today's daily candle opened and pushed up to retest the broken support @ 1.79800 then rejected this level on H4.
My idea was:
I waited for the next H4 candle to open, then i got in on sells but i got in too early so i closed the trade and took a better entry right from the resistance @ 1.79700 with a much tighter SL.
Following the weekly pattern, price should continue dropping down to the weekly support / demand zone @ 1.780000.
I have two profit targets in mind based on how price acts up. My first TP @ 1.78700 and second TP @ 1.78000 if and when the support of TP 1 is broken.
İşlem elle kapatılmış
Closed the trade because it wasn't playing out as i had anticipated. I'll be looking a better entry once everything points back down.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.