Description
⋅ Disclaimer: This is not a buy call but for learning purpose
Technical analysis
- Price around resistance area and above 20 EMA
- RSI above centerline and moving toward overbought area
- MACD above centerline
Trading idea (Resistance breakout)
- Entry price: 0.915
- Cut loss: 0.900
- TP1: 0.960
- TP2: 1.00
Trade closed: stop reached
⋅ Cut loss reached
Comment
⋅ Lesson learned: Should not entry if breakout with inverted hammer candle