MAR testing the resistance zone...

13 nov. 2019

SHORT - MAR
SL: 136.16 (Suggested by our algorithmic system)
TP: 128.24 (Suggested by our algorithmic system)

Reasons behind this idea:

1. On weak resistance trendline.

2. Accumulated/Distribution indicator showing signs of weak accumulation to push price higher.

Caution: Technical Analysis is on the 1 hour chart, not as reliable as 4hr or daily chart.

---------- Chart Drawings ----------

Blue Dotted Line: Broken Support Trendline
Blue Solid Line: Support Trendline (daily timeframe)
Red Solid Line: Resistance Trendline (daily timeframe)
Red Box: Soft Resistance Level
Red Arrows: Bearish Divergence
Purple Vertical Line: Suggested Stoploss by our algorithmic systems (under testing)
Green Vertical Line: Suggested Take Profit

Trade idea from our mobile app: ibb.co/Kh5T7QG (Timestamp is in Australian Sydney Time UTC+7)

Please trade responsibly and good luck!

19 nov. 2019

Trade fermée: ordre d’arrêt atteint