USDHF short:
1) multiple rejections on daily timeframe ( wicks )
2) 61,8 fib retracement lines up with trendline ( 3rd touch )
3) extra confirmation if price breaks inner trendline
Watch out for 1.0100 level strong support level
Open for discussions :)
Cheers,
Cubefox
1) multiple rejections on daily timeframe ( wicks )
2) 61,8 fib retracement lines up with trendline ( 3rd touch )
3) extra confirmation if price breaks inner trendline
Watch out for 1.0100 level strong support level
Open for discussions :)
Cheers,
Cubefox
Trade active:
Trendline held, last final rejection has happenend and now we are going down.
Comment:
www.tradingview.com/chart/ELdbDtxa/
Trade active:
Price hits first trendline. Will watch price action from here. Taking a little profit of the table and SL to break even
Comment:
Trendline broke, let's go for TP 2
“In order to succeed, you first have to be willing to experience failure." - Yvan Byeajee