ENTRY: 0.840
SL: 0.965
TP: 0.805
- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FF -ve
- Moving averages are aligned.
- Breakdown on 13 Oct 2022 and tried to pullback in the next 2 days with resistance from support-turn-resistance area (0.900) and 10EMA.
- Entry based on today breakdown, >3% from 10EMA and engulfing red candle.
SL: 0.965
TP: 0.805
- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FF -ve
- Moving averages are aligned.
- Breakdown on 13 Oct 2022 and tried to pullback in the next 2 days with resistance from support-turn-resistance area (0.900) and 10EMA.
- Entry based on today breakdown, >3% from 10EMA and engulfing red candle.
Trade closed: target reached:
- First green candle today with volume. Hence, expecting a rebound.