Hi there, here is a new trade for this new week. I'm a bit late but better late than lost (or something like that)!
We are on a clear downtrend on weekly charts, we broke PAC and are heading straight to RSI50 resistance and MA. What will happen?
Looking at 4H I forecast a continuation of this downtrend, and will see how daily behave.
SL is very tight considering this trade as weekly, but as always size your lot depending on the SL.
GL HF
We are on a clear downtrend on weekly charts, we broke PAC and are heading straight to RSI50 resistance and MA. What will happen?
Looking at 4H I forecast a continuation of this downtrend, and will see how daily behave.
SL is very tight considering this trade as weekly, but as always size your lot depending on the SL.
GL HF
Comment:
Going down as planned. Booking 25% profits@1.6625 and putting SL@BE.
Comment:
Closing 25%@1.647.
SL@1.665
SL@1.665
Comment:
Closing 25%@1.6328.
SL@1.652
SL@1.652
Comment:
Wanted to share something funny...
You see the divergence below? IMHO we should see another move down soon... Maybe to hit TP?
Trade closed manually:
I'm closing my trade because I'm seeing bullish momentum with this pair. Maybe a reversal maybe not. We already had great profit from this one!
