in 4H chart:
top of the bearish parallel channel
61.8% fibo retracement
resistance level
hidden divergence in RSI indicator
> Sell
Entry : 1.1200
-Stop : 1.1235 (35 pips)
-TP1- : 1.1130 (70 pips)
-TP2- : 1.1050 (150 pips)
in daily chart:
pullback to broken daily support level
top of the bearish parallel channel
61.8% fibo retracement
resistance level
hidden divergence in RSI indicator
> Sell
Entry : 1.1200
-Stop : 1.1235 (35 pips)
-TP1- : 1.1130 (70 pips)
-TP2- : 1.1050 (150 pips)
in daily chart:
pullback to broken daily support level
Trade closed: stop reached:
Porfit = -35 pips
Now we can wait for pullback to buy this pair.
Now we can wait for pullback to buy this pair.