How to Trade with Lo
Potential Short Trade
T.S.E.P checklist for
EURGBP
1) Trend: Daily -> DOWN and Daily Resistance
4 Hourly -> DOWN and at Daily Resistance
2) Structure: 0.88160 to short
3) Entry Reasons:
a- Triple Top on the 1 hour chart.
b- Bearish Divergence on the RSI.
4) Patience: Enter if price comes back to 0.88160 level or wait for the price to break down with a close below the level 0.87960 and retest it.
Potential Short Trade
T.S.E.P checklist for
EURGBP1) Trend: Daily -> DOWN and Daily Resistance
4 Hourly -> DOWN and at Daily Resistance
2) Structure: 0.88160 to short
3) Entry Reasons:
a- Triple Top on the 1 hour chart.
b- Bearish Divergence on the RSI.
4) Patience: Enter if price comes back to 0.88160 level or wait for the price to break down with a close below the level 0.87960 and retest it.
Trade active
Trade active
move SL in profit. risk free tradeTrade closed: target reached
Trade active
back in to reach supportTrade closed: stop reached
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.
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.