1) Price touched the neckline of head and shoulders (previous supported turned to resistance)
2) price retraced to 62% of fib retracement level of recent high and low
3) price reached h4 supply
4) h4 bearish engulfing candle.
It might be late. but we just set the PO sell limit, just in case price decided to touched our PO sell limit on the given price on the chart.
P/S: These are just our thoughts. Happy trading all
2) price retraced to 62% of fib retracement level of recent high and low
3) price reached h4 supply
4) h4 bearish engulfing candle.
It might be late. but we just set the PO sell limit, just in case price decided to touched our PO sell limit on the given price on the chart.
P/S: These are just our thoughts. Happy trading all
Trade closed: stop reached
