This particular trade requires an engulfing bearish candle to confirm rejection and forming of a new bearish trend.
assuming momentum is there to break 30m support, it shall abide by the daily analysis ( bear) trend.
confidence of trade is until 1H support. daily analysis however, signals more potential pips.
trade according to your system only.
sl 10pips tp 20 pips
sell stop - 117.265 pink line
assuming momentum is there to break 30m support, it shall abide by the daily analysis ( bear) trend.
confidence of trade is until 1H support. daily analysis however, signals more potential pips.
trade according to your system only.
sl 10pips tp 20 pips
sell stop - 117.265 pink line
Trade active:
Order filled
Trade closed manually:
Closed at breakeven , reached to 18 pips however, but forned 2 bullish wicks which lowered confidence for the entire trade