We are at the bottom of the channel. 4H is approaching oversold and 1H to 15m is showing bullish divergence. We will most likely break up the down channel to go for a .5 to .618 retracement. There is confluence with a recent swing high /swing low at the .5. So it could be best to sell at this lvl (9472). Stop loss is the red line.
Trade active:
STOP LOSS moved up to 9095
Trade active:
selling 25% at 9350
Trade active:
sold half at 9320 and moved stop to 9250
Trade closed: stop reached:
profits taken
Comment:
Its safe to reopen longs with stop loss below 9230