EJ short
EJ is obviously in a long term down trend and in a consolidation phase and previously unable to break an hold strongly below 1.12.
it is now again approaching two downtrend lines. placing a small sell order close to most recent high and target 1.12 initially. if it breaks trhough there are potential further pips to be made. this initial trade has RR of 1:2.6
it is now again approaching two downtrend lines. placing a small sell order close to most recent high and target 1.12 initially. if it breaks trhough there are potential further pips to be made. this initial trade has RR of 1:2.6
Note
zoom in on 2hrly chart to determine entry on bearish confirmation - rejection, double top, overbought, etcOrdre annulé
wham, straight through that trendline... will be look at PA around 116.25 levels for a short back to the trendline around 115Note
that appeared to have been a false break out.... looking nice now. perhaps enter on a retracement....
Note
trading;0view.com/x/Js4qQw2O/plotting along nicely :)
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.