Confluence area
Updated
Confluence area:
1.Weekly 50% fib
2.Daily 50% fib (different move)
3.Top hourly TL (black)
Entry:
1.Confirmation of Double Top
2.Break potential local channel (pink)
1.Weekly 50% fib
2.Daily 50% fib (different move)
3.Top hourly TL (black)
Entry:
1.Confirmation of Double Top
2.Break potential local channel (pink)
Note
Nice initial move, looks good for continuation.Looks like Bear flag. (30m)
Note
Stop loss move to the Red line:Trade closed: stop reached
Close in very small loss
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