weekly: price is near resistance trendline and at 0.382 fib retracement, but as we can see, H&S pattern is forming.
daily: price near resistance zone and at 0.50 fib retracement.
DOWNTREND.
Wait for daily candle close
SELL @ 0.95150
Sl @ 0.95900
Tp @0.92860
Buy Stop @ 0.96400
Sl @ 0.94450
Tp @1.02250
daily: price near resistance zone and at 0.50 fib retracement.
DOWNTREND.
Wait for daily candle close
SELL @ 0.95150
Sl @ 0.95900
Tp @0.92860
Buy Stop @ 0.96400
Sl @ 0.94450
Tp @1.02250
Trade active:
Fib retracement
Comment:
Price retesting TL. Wait for cc, if bearish hold it.
Trade closed: stop reached:
Price came back, hope u took some profit.
Set SL in profit & take 50-70% profit