EURNOK: TOP DOWN ANALYSIS SWING
Updated
EURNOK SWING SHORT
- Weekly (Bearish): Multiple indecision candles with a bearish rejection
- Daily (Bearish): Bearish candles overpowering bulls
- 4hr (Entry): Head and shoulder with trendline break. Tweezer tops off new down trendline & 50 MA
EP: 9.74527
SL: 9.80945
TP1: 9.68129
TP2: 9.64723
pipkingsfx.com
- Weekly (Bearish): Multiple indecision candles with a bearish rejection
- Daily (Bearish): Bearish candles overpowering bulls
- 4hr (Entry): Head and shoulder with trendline break. Tweezer tops off new down trendline & 50 MA
EP: 9.74527
SL: 9.80945
TP1: 9.68129
TP2: 9.64723
pipkingsfx.com
Trade closed: stop reached
Unfortunately SL hit. Lots of indecision candles on the daily timeframe. Going to wait for a cleaner structure.
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