I still see a downtrend, so am going to keep looking for possible shorts until a confirmation of changing the trend line ,
Using the indicator's I mentioned in chart.
-4hr\daily candle still showing a downtrend.
-price is over bought.
Used indicator's :
1- Moving Average ( 100, close)
2- Moving Average ( 50, close )
3- EMA ( 50, close )
4- MACD (12,26, close, 9 )
5- RSI (10, close )
Good Luck.
Using the indicator's I mentioned in chart.
-4hr\daily candle still showing a downtrend.
-price is over bought.
Used indicator's :
1- Moving Average ( 100, close)
2- Moving Average ( 50, close )
3- EMA ( 50, close )
4- MACD (12,26, close, 9 )
5- RSI (10, close )
Good Luck.
Trade active
Trade closed: target reached:
I took profits at 1.12750
Comment:
Trade closed with 45 pips.