ENTRY: 0.840
SL: 0.965
TP: 0.805
- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FF -ve
- Moving averages are aligned.
- Breakdown on 13 Oct 2022 and tried to pullback in the next 2 days with resistance from support-turn-resistance area (0.900) and 10EMA.
- Entry based on today breakdown, >3% from 10EMA and engulfing red candle.
SL: 0.965
TP: 0.805
- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FF -ve
- Moving averages are aligned.
- Breakdown on 13 Oct 2022 and tried to pullback in the next 2 days with resistance from support-turn-resistance area (0.900) and 10EMA.
- Entry based on today breakdown, >3% from 10EMA and engulfing red candle.
Trade closed: target reached
- First green candle today with volume. Hence, expecting a rebound.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.