RSI is 80 on 4 hourly chart
overbough also on 1 hourly.
short term short trade can be in order.
entry 0.07240
stop loss 0.07223
TP 1: 0.07193
TP 2: 0.07160
TP 3: 0.07095
overbough also on 1 hourly.
short term short trade can be in order.
entry 0.07240
stop loss 0.07223
TP 1: 0.07193
TP 2: 0.07160
TP 3: 0.07095
Trade closed: target reached
TP 1 reached.duo to strong bullish trend, i exited the full position
further downside IS POSSIBLE
have a good thought for your RR dont forget to have sensible stoplosses and take profits
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.