Daily:
Broke uptrend support at 1.63270
Currently re-testing the support turn resistance line
4H:
Reject prices at 1.6350 horizontal resistance line
Bearish rejection wicks.
Position: Short
Entry: 1.6285
Stop Loss: 1.6405
Target: 1.6045
Risk:Reward = 1:2
Broke uptrend support at 1.63270
Currently re-testing the support turn resistance line
4H:
Reject prices at 1.6350 horizontal resistance line
Bearish rejection wicks.
Position: Short
Entry: 1.6285
Stop Loss: 1.6405
Target: 1.6045
Risk:Reward = 1:2
Trade chiuso manualmente:
Prices are not moving according to plan. Since the position is in the green, close with some profits rather than a potential loss.