Stochastic Oscillator indicating an overbought market on the 1Hr and starting to turn towards the range zone suggesting a price reversal.
6am candle hit the 0.786 resistance on the Fibonacci and was rejected. Placing Stop Loss just above the 0.786 Fib
7am and 8am Candles turned bearish and suggesting uncertainty.
Entry: 0.96242
SL: 0.96468
TP: 0.95948
6am candle hit the 0.786 resistance on the Fibonacci and was rejected. Placing Stop Loss just above the 0.786 Fib
7am and 8am Candles turned bearish and suggesting uncertainty.
Entry: 0.96242
SL: 0.96468
TP: 0.95948
Trade closed: stop reached:
Hit SL