I think the price is going down. Price failed to sustain presence over our marked daily resistance zone at 1.0795.
Price targets: (Support Zones) 1.0642 & 1.0495 in extension.
Situation: Short at 1.0789
Stops on Entry: 1.0815.
Marked Daily Support Zones: 1.0714, 1.0642, 1.0578.
Marked Major Support: 1.0642ish
Recommendation: Take partials in target zones.
Bullish View: Price bounced out of a support zone at 1.0714.
Risk: A reversal with punishment.
Risk: Ranginess between 1.0829ish & 1.0754ish.
Trade Duration: Days not weeks.
Price targets: (Support Zones) 1.0642 & 1.0495 in extension.
Situation: Short at 1.0789
Stops on Entry: 1.0815.
Marked Daily Support Zones: 1.0714, 1.0642, 1.0578.
Marked Major Support: 1.0642ish
Recommendation: Take partials in target zones.
Bullish View: Price bounced out of a support zone at 1.0714.
Risk: A reversal with punishment.
Risk: Ranginess between 1.0829ish & 1.0754ish.
Trade Duration: Days not weeks.
Trade closed manually:
Closed spot at 1.0806. Idea invalidated.
Comment:
Awaiting opportunity to re-execute short.
Order cancelled:
The situation is over.
Comment:
Result: Loss
P&L: -17
P&L: -17
Trade closed: stop reached:
(Just trying to officially close this idea. Some booN boosted it! lol!)
Trader since 2006. Investor since 2019. Chart Technician & Technical Strategist. Texas native. #HustleFirst #SupremeHustle #SupremeFinesse
@vizfact on Public.com
@vizfact on Public.com
Marked Major Support: 1.0495ish.