AN INTRADAY (4 HOUR TIME FRAME) HIGH POTENTIAL, BACK TESTED SORT ANALYSIS.
1) Stochastic Oscillator Overbought ready for short movement.
2) Trending Channel breakout.
3) Take Profit between 38.2% and 50% Fibonacci retracement.
NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
1) Stochastic Oscillator Overbought ready for short movement.
2) Trending Channel breakout.
3) Take Profit between 38.2% and 50% Fibonacci retracement.
NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
Trade closed: target reached:
Best Regards.