Trade pending on interaction with Real-Time support and resistance. Price is about to interact with 8H cloud, which has shown positive correlation with price until being violated recently. Stops 7850 TakeProfit 6500 Open hedge until next interactions
Comment
⋅
Support Zones on 4H:
Comment
⋅
Trade active
⋅
Comment
⋅
One takeprofit signal, hit bottom of 8h cloud path. Also hitting support on this pattern. Personally, I think it will go deeper. Closing takeprofit amount
Trade closed: target reached
⋅
Short target reached on 4Hr cloud resistance. 8Hr shows possible green candle incoming for a dead-cat bounce.