This pair has broken out of an ascending channel. Grey box is the key level where price will probably retest the broken structure. Confirm rejection to short
Always apply money manaagement
Always apply money manaagement
評論:
Trade active
評論:
SL 0.86816
評論:
Updating this at real time
Entry and SL shown on the chart.
PLAN A: Shorted at retracement (placed a sell limit order), and it spiked up. Strategically placed my SL if this doesn't work.
PLAN B: Would be to short at the Monthly Resistance - Psychological Rd No (where it would also touch the upper ascending trendline.
A more conservative approach is to short below the black dotted line
Entry and SL shown on the chart.
PLAN A: Shorted at retracement (placed a sell limit order), and it spiked up. Strategically placed my SL if this doesn't work.
PLAN B: Would be to short at the Monthly Resistance - Psychological Rd No (where it would also touch the upper ascending trendline.
A more conservative approach is to short below the black dotted line
評論:
評論:
Retracement was rejected at the 0.618 Fib level
SL placed above
SL placed above
評論:
Minor rejection of the 4hr candle
In the red of 14 pips
Minor rejection of the 4hr candle
In the red of 14 pips
交易結束:達到停損點:
-100 pips SL (2 Positions)