Taking a look at the daily timeframe, RSI is in the overbought territory as we approach a descending level of resistance.
For this reason, the trade strategy here is to "Scale In" on the sell and fade this pair as it climbs here. Whenever using atechnique like this, I prefer not to use a stop loss and scale with little volume.
If you like this trade setup/strategy, be sure to like, comment and share.
Trade Safe
For this reason, the trade strategy here is to "Scale In" on the sell and fade this pair as it climbs here. Whenever using atechnique like this, I prefer not to use a stop loss and scale with little volume.
If you like this trade setup/strategy, be sure to like, comment and share.
Trade Safe
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➡️ Best Prop Firm | 15% Off Code "MIKE15" @ 8figuretrader.com
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
➡️ Managed Forex Accounts manage.forex
➡️ Passing Services wepasschallenges.com
➡️ Premium Expert Advisors iqalgos.com
➡️ 1-on-1 Mentorship miamitradingacademy.com
➡️ Best Prop Firm | 15% Off Code "MIKE15" @ 8figuretrader.com
➡️ Passing Services wepasschallenges.com
➡️ Premium Expert Advisors iqalgos.com
➡️ 1-on-1 Mentorship miamitradingacademy.com
➡️ Best Prop Firm | 15% Off Code "MIKE15" @ 8figuretrader.com
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.