if price forming reversing candles at upper trendline, i will go short at entry level 1. entry 1 will be a small size, cause i imagine that we could retest EMA 420 again or maybe brake through. if price retests EMA420 i will go short again.
Target 1, as u can see on the chart is the possible support zone.
if we ...
i was entering a short position at 1.5660 when price:
couldnt hold above the EMA420
reached fibo level 0.50
reached upper line of the trend-channel.
SL - 1.5705 | Targets: possible support level 1.5593 and 1.5548
have a nice weekend, see ya
I was waiting a long time for this brakethrough, a few days ago on this chart. finally it happend.
Now im waiting for a pullback and hopefully we will find some resistance below the trendline.
have a nice trading week, see ya.