1H chart: broken trendline, see a potential reversal pattern. Likely will retrace channel floor and the crucial support at $1.275.
Entry1: already effected at $1.2932
Entry2: after breaking $1.2849
Tp1:$1.275
Tp2:$1.268
Tp3:$1.254
Entry1: already effected at $1.2932
Entry2: after breaking $1.2849
Tp1:$1.275
Tp2:$1.268
Tp3:$1.254
Trade closed manually:
it's broken out the resistant level, so close the short
Trade active:
shorted again from $1.294, bcos price back to the zone, it's a false break out
Comment:
see the chart, 2B pattern happened again for this pair.
Trade closed manually
Comment:
1H chart update: It's not a valid break out, price still in expending wedge now, more like the ending of the trend.
Trade active
Comment:
short entry 1.2953
