1) Weekly chart: downtrend; recent correction may have ended at Fib support
2) Daily chart: oscillator divergence.
3) 6-hour chart: bearish engulfing candle
I missed entering when the trade triggered; filled on the retracement back to the entry level
Entry: sell 10,000 @ 0.72122
Initial stop-loss: 0.72597
1st target: 0.71180 (buy 4,000)
2nd target: 0.70192 (buy 3,000)
Trail stop on remaining 3,000
2) Daily chart: oscillator divergence.
3) 6-hour chart: bearish engulfing candle
I missed entering when the trade triggered; filled on the retracement back to the entry level
Entry: sell 10,000 @ 0.72122
Initial stop-loss: 0.72597
1st target: 0.71180 (buy 4,000)
2nd target: 0.70192 (buy 3,000)
Trail stop on remaining 3,000
Trade active:
Stop-loss moved to 0.72569
Trade active:
1st target reached
Trade closed: stop reached