After a M formation and a low being formed, the price has failed to make a new high. Im looking for a new low to be formed or another test of 40500. Im selling here with a stop loss above the recent made high on lower time frames. If we do break this trendline and head to 40500 I will look to close a 1:3 or hold depending on what the price does at that level.
Trade active:
looking for a break of support/trendline to validate trade idea. a break of the high will invalidate trade idea.
looking for a break of support/trendline to validate trade idea. a break of the high will invalidate trade idea.
Trade active:
Putting trade at break even at 1:1. If this support break should see target reached.
Putting trade at break even at 1:1. If this support break should see target reached.
Trade closed: target reached:
At 1:2.5 on the trade. Not going to keep managing this trade idea here but direction was right.
At 1:2.5 on the trade. Not going to keep managing this trade idea here but direction was right.
Trade closed: target reached:
target hit. took same trade on funded account
target hit. took same trade on funded account