Simple technical and price action analysis.
On 4H TF, the price is still moving in the up channel. This means that a break on the down side is still possible.
On 1H time frame, the price is breaking under MA100, and this is another Sell signal.
S Short trade will be placed on Monday's Open with SL above Preview highs, and a 2.5 RR for Take Profit.
Don't Stumble Trading. Trade Safe!
On 4H TF, the price is still moving in the up channel. This means that a break on the down side is still possible.
On 1H time frame, the price is breaking under MA100, and this is another Sell signal.
S Short trade will be placed on Monday's Open with SL above Preview highs, and a 2.5 RR for Take Profit.
Don't Stumble Trading. Trade Safe!
Trade chiuso: stop raggiunto