Reasons to enter: 1. Blue trend line is being respected nicely, as lower highs and lower lows are forming (yellow circles) 2. A shooting star from candlestick pattern was shown, am expecting it to cross back to it's EMA 21 and further downside is expected. 3. The price hitter 50% fibs level and expecting the price to hit 0% or even -27.2%. 4. The price is aiming for the next support area (light blue rectangle). 5. In the bigger TF, daily, showing a double top forming.
This is an intra-day/swing trade, a short term trade. The stop losses are small, but do take care with big lot size.
Trade chiuso: obiettivo raggiunto
For the first trade , UJ Short RR 1:2.17, TP hitted! A 90pips achieved in just 2 days! Hope you all enjoyed the trades. Great week indeed! =D
Trade attivo
For the second trade, UJ Short RR 1:3.01 is still active, currently still holding a trade of 65+pips at the moment, and am expecting it to hit the target around @109.20. You guys can close half of the lot size and move SL to Entry point to breakeven and make this trade a sade trade. Lastly, hope you all enjoyed the analysis! :P
Trade attivo
Just entered another sell at CMP 109.94. TP : 109.20, SL: 110.20. RR 1:2.85, a short term trade! Have fun trading all ~
Trade chiuso: obiettivo raggiunto
TP2 Hit! Thank god and have a great weekend guys! =D Hope you all enjoyed the 88 and 151 pips for both tp!
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