Short position 3.0

2022年7月21日

1 hr support zone rejected ... 1 hr Ema's both acting as resistance ... Trendline respected as resistance.

Bull run is over back to the bears.

Please note - previously when price rejected 1.19277 price dropped to high 1.17 level, I personally think the same will happen again.
Also; there is no support below the 1.19277 zone = price can free fall ...

Only worry I have is 1 hr and 4 hr stoch doesn't support the sell but I am trading off the trend in the price - need to educate myself further on my understanding of the stochastic.

Time will allow this to play out, shall wait and see.

Thanks

RR

2022年7月21日

交易進行

SL moved to 1.2

RR: 1.03

2022年7月22日

交易結束：達到停損點