in 4H chart:
resistance level at 1.30
hidden divergence in RSI indicator
61.8% fibo retracement
top of the bearish parallel channel
> Sell
Entry : 1.3000
-Stop : 1.3075 (75 pips)
-TP1- : 1.2890 (110 pips)
-TP2- : 1.2790 (210 pips)
in daily chart:
pullback to broken support
resistance level at 1.30
hidden divergence in RSI indicator
61.8% fibo retracement
top of the bearish parallel channel
> Sell
Entry : 1.3000
-Stop : 1.3075 (75 pips)
-TP1- : 1.2890 (110 pips)
-TP2- : 1.2790 (210 pips)
in daily chart:
pullback to broken support
Trade closed: stop reached:
Profit = -75 pips
Now we can buy in pullback to broken parallel channel
Now we can buy in pullback to broken parallel channel