when broke support in up trend, we always saw strong retracement upward.....
when broke resistance in down trend, we always saw strong retracement downward.....
I'm SHORT from the last 4h candle start forming going down, which is 1237 (other strong resistance`), I ll close half at 1229-1231, add more if it breaks trendily support or close if we go back to 1233....
good trading to all of you
when broke resistance in down trend, we always saw strong retracement downward.....
I'm SHORT from the last 4h candle start forming going down, which is 1237 (other strong resistance`), I ll close half at 1229-1231, add more if it breaks trendily support or close if we go back to 1233....
good trading to all of you
Trade closed: target reached:
took profit at 1231.50, and added more.....but cause we went back to 1233 as said in the first post, closed it all....
....profit from 1238= +70 pips.....
trendline clearly broken, so very likely to be entering a uptrend...
....profit from 1238= +70 pips.....
trendline clearly broken, so very likely to be entering a uptrend...
