Trade Bias: Bearish
The 4H chart shows a clear bearish trend with lower highs and lower lows since late February. The pair recently made a lower high around 162.400 and has been declining. The 1H chart confirms this bearish sentiment with price recently rejecting from the 161.000 resistance level.
Entry Price: 160.900
Looking to enter on a pullback to the 160.900 level, which has acted as a resistance zone in recent price action.
Stop Loss: 161.250
This gives us 35 pips of risk as requested, placing the stop above a recent swing high on the 1H chart.
Take Profit Levels:
Primary TP: 160.150 (75 pips reward)
Extended TP: 159.500 (140 pips reward)
Risk-to-Reward Ratio:
Primary TP: 1:2.14 (35 pips risk : 75 pips reward)
Extended TP: 1:4 (35 pips risk : 140 pips reward)
Trade Rationale:
4H Timeframe Context: The pair is in a broader downtrend, currently in a pullback phase after a strong decline from 162+ levels. There's significant resistance around the 161.200-161.500 zone.
1H Timeframe Confirmation: Price has formed a lower high and appears to be rejecting from the 161.000 zone, with bearish momentum increasing.
15m Timeframe Entry Precision: The recent price action shows consolidation after the decline, providing a potential entry on a small pullback.
Key Support Levels: 160.150 and 159.500 have both acted as significant support/resistance levels in the past, making them logical targets.
Market Structure: The consistent pattern of lower highs and lower lows across multiple timeframes suggests the bearish move has strength.
Entry Strategy:
Wait for price to pull back to 160.900
Confirm rejection with a bearish candle formation
Enter at market or with a limit order at 160.900
Set stop loss at 161.250
Partial take profit at 160.150, move stop to breakeven
Final target at 159.500
The 4H chart shows a clear bearish trend with lower highs and lower lows since late February. The pair recently made a lower high around 162.400 and has been declining. The 1H chart confirms this bearish sentiment with price recently rejecting from the 161.000 resistance level.
Entry Price: 160.900
Looking to enter on a pullback to the 160.900 level, which has acted as a resistance zone in recent price action.
Stop Loss: 161.250
This gives us 35 pips of risk as requested, placing the stop above a recent swing high on the 1H chart.
Take Profit Levels:
Primary TP: 160.150 (75 pips reward)
Extended TP: 159.500 (140 pips reward)
Risk-to-Reward Ratio:
Primary TP: 1:2.14 (35 pips risk : 75 pips reward)
Extended TP: 1:4 (35 pips risk : 140 pips reward)
Trade Rationale:
4H Timeframe Context: The pair is in a broader downtrend, currently in a pullback phase after a strong decline from 162+ levels. There's significant resistance around the 161.200-161.500 zone.
1H Timeframe Confirmation: Price has formed a lower high and appears to be rejecting from the 161.000 zone, with bearish momentum increasing.
15m Timeframe Entry Precision: The recent price action shows consolidation after the decline, providing a potential entry on a small pullback.
Key Support Levels: 160.150 and 159.500 have both acted as significant support/resistance levels in the past, making them logical targets.
Market Structure: The consistent pattern of lower highs and lower lows across multiple timeframes suggests the bearish move has strength.
Entry Strategy:
Wait for price to pull back to 160.900
Confirm rejection with a bearish candle formation
Enter at market or with a limit order at 160.900
Set stop loss at 161.250
Partial take profit at 160.150, move stop to breakeven
Final target at 159.500
交易結束：達到停損點
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。