1) HH are confluence resistance on weekly chart. Price Rejected and formed an bearish engulfing on HH. 2) Uptrend line broken. 3) Once HL broken again , instantly short.
Trade with with your own risks. Happy Trading. Regards, Insane_Trader
Note
Price broken HL , entry triggered. Let's ride the pips.
Trade with your own risks. Happy Trading. Regards, Insane_Trader
Trade active
After price break HL (145.2) it ranging at that area, but do not have any buyer to buy it. Now price nicely formed a big bearish candle under HL. Let's ride the wave to TP area.
Get ready to add more position or just continue with 1 position. But Next Week holiday week. Let's be cautious.
Wish you all Merry Christmas and a Happy new year. Happy Trading. Regards, Insane_Trader.
Note
Price going down smoothly heading to TP.
Wish you all Merry Christmas and a Happy new year. Happy Trading. Regards, Insane_Trader.
Note
28/12/2016 time around 2:00 on this 4 hour chart. 144.367 second entry.
Trade closed manually
exil all trade at 144.229. Why? Price reject on 143.010 previous resistance.
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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.