Daily timeframe has hit resistance at this level.
I previously tried shorting on a flag pattern but it didn't work out. This is my next best short opportunity.
I am shorting at 1.33120 which is rejection of the upper TL across the 4hr lower highs and fib 0.786 retracement level.
TL break next - maybe scale in again.
TP1 is previous support/resistance zone
TP2 is long term weekly support level
I previously tried shorting on a flag pattern but it didn't work out. This is my next best short opportunity.
I am shorting at 1.33120 which is rejection of the upper TL across the 4hr lower highs and fib 0.786 retracement level.
TL break next - maybe scale in again.
TP1 is previous support/resistance zone
TP2 is long term weekly support level
Trade active
Comment:
Profit Target 1 broken through. Looking for 1.30500 finally target on this one next
Trade closed: target reached:
Final profit target of 1.30500 reached
