There is obvious divergent between candle pattern and RSI, the bullish trend seems not sustainable.
Even though looking to short at high will be a risky option but it is worthwhile to try. A safer option is to wait price break the support level near 0.75110 and wait retest to short.
TRADE IDEA 1 :
SELL AT NEAR 0.75700
SL : 0.76200
TP : 0.75177, 0.73198
TRADE IDEA 2:
SELL AT 0.75110 (AFTER THIS SUPPORT LEVEL IS BROKEN AND RETESTED)
Even though looking to short at high will be a risky option but it is worthwhile to try. A safer option is to wait price break the support level near 0.75110 and wait retest to short.
TRADE IDEA 1 :
SELL AT NEAR 0.75700
SL : 0.76200
TP : 0.75177, 0.73198
TRADE IDEA 2:
SELL AT 0.75110 (AFTER THIS SUPPORT LEVEL IS BROKEN AND RETESTED)
Note
going to hit tpTrade closed: target reached
First target reachTrade closed manually
All position closed
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.