Price rejection from previous support level and RSI indicator shows recovery from oversold position. Trade with caution as this is a retracement trade against the big downtrend
Entry: 0.7675
TP: 0.773
SL: 0.765
Entry: 0.7675
TP: 0.773
SL: 0.765
Trade closed: stop reached:
Exit first as previous support is broken
Trade active:
Re-enter this trade as price is being rejected near the lower bound of downtrend channel. Look for price to rebound back to 0.766
Entry: 0.710
TP: 0.766
SL: 0.7580
Entry: 0.710
TP: 0.766
SL: 0.7580
Trade closed: stop reached