Price is moving in a descending channel taking resistance from the upper band, a down-move till the lower band is expected.
channel is heading towards the major support zone of the broad range (1.3657 - 1.3172).
After getting rejected form major resistance zone, price has shown a nice down-move after, which was followed by a pullback, that was halted at 0.618 level of retracement as market on the chart.
To capture the continued down-move after a pullback.
This is a short trade setup
Sell: 1.3409
SL : 1.3461
TP1: 1.3349
TP2: 1.3304
Strict Risk management should be applied and Position should be sized according to individuals risk appetite.
For Educational Purposes only, Not an Investment Advice
channel is heading towards the major support zone of the broad range (1.3657 - 1.3172).
After getting rejected form major resistance zone, price has shown a nice down-move after, which was followed by a pullback, that was halted at 0.618 level of retracement as market on the chart.
To capture the continued down-move after a pullback.
This is a short trade setup
Sell: 1.3409
SL : 1.3461
TP1: 1.3349
TP2: 1.3304
Strict Risk management should be applied and Position should be sized according to individuals risk appetite.
For Educational Purposes only, Not an Investment Advice
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t.me/CrazyTrades247_FX_International
Connect us
+91-9238387447
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Join Telegram Channels for more Trades ideas 🧿
🟢For Forex and International Commodities
t.me/CrazyTrades247_FX_International
Connect us
+91-9238387447
crazytrades247@gmail.com
🟢For Forex and International Commodities
t.me/CrazyTrades247_FX_International
Connect us
+91-9238387447
crazytrades247@gmail.com
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.