Asset and Time frame - Daily,4H
Entry Price - 8.52
Exit(Stop Loss) -9.18
Exit(Take Profit) -8.28
Technical Analysis - Price breached resistance level of 8.43 + the 4-hour chart 100MA, on the daily chart, the price made a nice hammer + confirmation candle with decent volume, price is inside a bearish channel and should hit the ceiling near the 100MA daily.
What can be improved -
Conclusion & End of Trade -
Entry Price - 8.52
Exit(Stop Loss) -9.18
Exit(Take Profit) -8.28
Technical Analysis - Price breached resistance level of 8.43 + the 4-hour chart 100MA, on the daily chart, the price made a nice hammer + confirmation candle with decent volume, price is inside a bearish channel and should hit the ceiling near the 100MA daily.
What can be improved -
Conclusion & End of Trade -