Potential reversal of price
Price currently at the top of 3 times tested resistance line on the day chart
4Hr chart indicating the market is overbought
1Hr suggesting the market is overbought
Trying to catch the drop early... I have placed a tight SL if the price isn't ready to turn just yet.
Entry: 0.67849
SL: 0.68150
TP1: 0.67311
TP2: 0.66871
Price currently at the top of 3 times tested resistance line on the day chart
4Hr chart indicating the market is overbought
1Hr suggesting the market is overbought
Trying to catch the drop early... I have placed a tight SL if the price isn't ready to turn just yet.
Entry: 0.67849
SL: 0.68150
TP1: 0.67311
TP2: 0.66871
Trade closed: target reached:
Hit TP1
Trade closed: target reached:
Hit TP2 (87 pips) Set up 10 Pip trailing stop to allow the trade to run out rather than close
Trade closed: target reached:
Closed at 0.66948