Watch for a clear breakout to retest previous high.
Price needs a deeper correction on higher time frame before another consideration to the downside. Keep in mind, the higher time frame is still bearish, so keep the long positions short term would be a fair play.
Price needs a deeper correction on higher time frame before another consideration to the downside. Keep in mind, the higher time frame is still bearish, so keep the long positions short term would be a fair play.
Trade closed: stop reached
Spread took the trade off lower than break even. So went out at a loss.Still a good trade but not a winning one.
Note
Reversed, still trading within this wedge. A break out and hold is a possible short term long trade up
Note
Multiple hidden divergence on the weekly
Note
Hidden divergence and divergence on Daily
Note
As mentioned, a break and hold will be seeing a short term long. If ur in long keep holding until next structure levels, major TL and EMA200 as levels to break for a higher continuation.
My longer term bias is still down, so this move is a deeper over dued correction.
Note
2nd attempt working out better.
I think this will go to 1.758 so left 1 position open and took profit.
Note
Very slow and choppy week across all pairs but Friday broke outWill be out at 1.758
Trade closed: target reached
Out at 1.758
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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.