Note:
Support line has broken this morning (4/11/2020), and price quickly rejected back to resistance shaping M formation, and failed, testing the neckline at Fibonacci level 0.5.
It pulled back up within 1H Time Frame testing the resistance level again, failed.
Now expecting the completion of M formation for the profit taking.
Support line has broken this morning (4/11/2020), and price quickly rejected back to resistance shaping M formation, and failed, testing the neckline at Fibonacci level 0.5.
It pulled back up within 1H Time Frame testing the resistance level again, failed.
Now expecting the completion of M formation for the profit taking.
Trade closed: stop reached