Hi guys,
It looks like we could have a good candidate for a sell.
The idea is to put a sell-stop at 148.100. The target is the previous support at 147.730.
We have a trend line which has been broken as well as former low. We could be in a simple pullback before it goes back down again + all EMA have been broken on M15.
Trade with care.
Like/comment if you appreciate my ideas.
Best,
Jesse
It looks like we could have a good candidate for a sell.
The idea is to put a sell-stop at 148.100. The target is the previous support at 147.730.
We have a trend line which has been broken as well as former low. We could be in a simple pullback before it goes back down again + all EMA have been broken on M15.
Trade with care.
Like/comment if you appreciate my ideas.
Best,
Jesse
Note
Rejection at previous low
Note
1. Price is below EMAs2. Price is currently rejecting previous low
3. Price is about to re-test successfully the trend line to the downside
FYI Yellow rectangle represents previous low/high
Transaction en cours
I am already shorting the pairTrade fermée: cible de profit atteinte
BangNote
Wow 160 pips since my call yesterday. Too bad I didn't keep it that long :-) .
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.