Presented is a short analysis on 1 hr chart.
I am solely looking for the MACD/SIGNAL to cross the 0 line to pump sellers momentum. This occurrence will send the RSI breaching through oversold zone.
Take profit at next key pivot support which is 1.66500
Please comment with thoughts and ideas. Thank you.
I am solely looking for the MACD/SIGNAL to cross the 0 line to pump sellers momentum. This occurrence will send the RSI breaching through oversold zone.
Take profit at next key pivot support which is 1.66500
Please comment with thoughts and ideas. Thank you.
Trade closed: stop reached
Stop loss hit to retrace back to 1.67000 support
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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.