Sell below 0.7367. Stop loss at 0.7391. Take profit at 0.7300.
Reason for the trading strategy (technically):
Price has bounced up and reached our profit target perfectly. We prepare to sell below major resistance at 0.7367 (Fibonacci extension, horizontal swing high resistance, Elliott wave theory) for a drop from this level towards at least 0.7300 support (Fibonacci retracement, horizontal overlap support).
Stochastic (21,5,3) is dropping nicely from our 90% resistance and we expect a further drop from here.
Reason for the trading strategy (technically):
Price has bounced up and reached our profit target perfectly. We prepare to sell below major resistance at 0.7367 (Fibonacci extension, horizontal swing high resistance, Elliott wave theory) for a drop from this level towards at least 0.7300 support (Fibonacci retracement, horizontal overlap support).
Stochastic (21,5,3) is dropping nicely from our 90% resistance and we expect a further drop from here.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。