1. Finally a close outside trendline and triangle
2. Previous 3 times price action has not been able to close outside the trendline.
3. Broke inner shorterm support as well with lower low of candle price action
4. Good risk reward
5. RSI crossed below 50 as well
2. Previous 3 times price action has not been able to close outside the trendline.
3. Broke inner shorterm support as well with lower low of candle price action
4. Good risk reward
5. RSI crossed below 50 as well
Comment:
Almost touched SL. Good to stick to the plan in times like these.
Trade closed: stop reached:
SL reached. ;Lower time frames had multiple signals to exit.