Pair in downtrend. Based on 4H and 8H chart I can see a possibility of rejection in entry lines areas (retest of broken supports). There are two entry lines. If you use entry line 1 SL is at same level as entry line 2. Entry line 2 has its own SL. Both SL are calculated as 1 ATR from daily. Don´t enter at entry lines blindly. Don´t FOMO. You have to wait for clear rejection candles (bearish engulfing pattern, evening star). Price will go above the entry line(false berakout) and just when it will close under the line agresivelly (under the previous candle open) then you can go short. When you TP1, set SL to BE and let it run. TP lines are possible pullback zones, so don´t let your profit to dissapear. I will update this idea, when entry conditions are meet. This is not a financial advice. Good luck.
Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.