Confirmation SELL signals from indicators:
1. Renko - new red brick is forming
2. Triangle pattern - double bias interpretation
3. Historical resistance levels at 1,540 and 1,535. IF these levels are holding, than will be the best scenario.
4. IF this will be a False break, than SELL scenario gets a plus.
5. IF Support line broken, than again a plus for SELL scenario.
Entry - Break of rectangle and a MA crossover at 1,522
SL - middle of rectangle at 1,527
TP - 2.5RR at 1,510
Don't stumble trading! Trade Safe!
1. Renko - new red brick is forming
2. Triangle pattern - double bias interpretation
3. Historical resistance levels at 1,540 and 1,535. IF these levels are holding, than will be the best scenario.
4. IF this will be a False break, than SELL scenario gets a plus.
5. IF Support line broken, than again a plus for SELL scenario.
Entry - Break of rectangle and a MA crossover at 1,522
SL - middle of rectangle at 1,527
TP - 2.5RR at 1,510
Don't stumble trading! Trade Safe!