UsdSushi longCorrect of swing, bounce of inner trend line, rejection of structure,
already in the trade, set SL to break even. but this shows my entry
Usushi
Usushi markupushushi markup , new chart same as previous.
still heading down within the range... probably bounce off 50 fib or 61.8
USushi - Multiple confluence for a bearish trendUSushi will be trading in down towards the range it has been trading in the last few weeks.
A large doji on the weekly confirms exhaustion of the bulls.
in the markup you can see the Elliot wave's and its upcoming correction.
entering the trade would set a stop loss at 100 pips ( 20 pips above the high of the doji) and a TP of approx 450-500 pips.
This is not a signal, just my observation. do your own due diligence.
