OPEC Meetings today so i'm careful. 0,5% risk and stop loss to breakeven as soon as possible again.
Heavy Fib rejection and clear downtrend on the Weekly chart. Double top formed on the Daily chart. The bulls were getting tired, we broke the ascending trend (indication) and we received a Head & Shoulders (confirmation) on the 4H chart. We found a nice Supply & Demand zone at our zone of interest and the Trend line's are also present. This 1% trade is running...
Higher timeframes are still long. 4H chart broke the descending trend line and formed a head & shoulders pattern. Price approached our entry zone quite impulsive, but rejected the Fib 2 times. I have set a buy limit with 0,25% due the elections this week. Let's see if we can get tagged in.