We are at the bottom of the channel. 4H is approaching oversold and 1H to 15m is showing bullish divergence. We will most likely break up the down channel to go for a .5 to .618 retracement. There is confluence with a recent swing high /swing low at the .5. So it could be best to sell at this lvl (9472). Stop loss is the red line.
Transaction en cours:
STOP LOSS moved up to 9095
Transaction en cours:
selling 25% at 9350
Transaction en cours:
sold half at 9320 and moved stop to 9250
Trade fermée: ordre d’arrêt atteint:
profits taken
Commentaire:
Its safe to reopen longs with stop loss below 9230