Morning Traders!
Price is on a major resistance level and has reached the 50% fibonacci level of the last bullish impulse.
I am going to see if the price bounces from that level (150,300) or breaks it.
If it bounces i will look for buys to reach the next resistance level at 150,980.
If the pair breaks the support level i will look for sells to reach the next support level at 149,500.
Good Trading Traders!
Price is on a major resistance level and has reached the 50% fibonacci level of the last bullish impulse.
I am going to see if the price bounces from that level (150,300) or breaks it.
If it bounces i will look for buys to reach the next resistance level at 150,980.
If the pair breaks the support level i will look for sells to reach the next support level at 149,500.
Good Trading Traders!
Comment:
If price breaks this M15 line, a bullish entry would be confimed.
Comment:
Proce trying to break the support
Comment:
Gonna wait for a pullback, then will try to jump in
Comment:
Support not breaked yet!
Comment:
RSI could be anticipating bullish break out.
Comment:
Support seems to be breaked
Comment:
If we have a break out on M15, will reverse position
Trade active:
Going Short. TP at 149,450
Trade closed: stop reached:
Going throw bad streak, let's keep going