On 1D TF, TOMO has been moving in an descending and broadening channel (see the screenshot below).
Price has just touched the upper resistance trendline and being rejected.
On 4H TF, TOMO had already broken its trendline.
As a result, a referenced setup is as in chart.
1D view:
Price has just touched the upper resistance trendline and being rejected.
On 4H TF, TOMO had already broken its trendline.
As a result, a referenced setup is as in chart.
1D view:
Comment:
Break-even. I'll consider to open this trade again
Comment:
Trade reactivated with the following setup
Comment:
Just a reminder for the new set-up:
SL = $1.4466
TP = $1.06 - $0.9468 - $0.801
SL = $1.4466
TP = $1.06 - $0.9468 - $0.801
SL moved to entry and probably to re-enter if break even.