EURUSD Sell @ 1.1636
Reason for trade:
Weekly: A strong bearish engulfing candle was evident, breaking the neckline 1.17 area of support turned resistance. Indicating strong selling
pressure on weekly timeframe perspective. Likely for bearishness to continue till 1.14, then 1.12.
Daily: Price was previously sandwiched between a support and resistance. My initial plan was to stay only on the long side unless support
was breached. However, i had not enter any positions as i wanted to adopt a wait and see approach. True enough, market has
presented us a clear signal to enter the market with a position.
Weekly: A strong bearish engulfing candle was evident, breaking the neckline 1.17 area of support turned resistance. Indicating strong selling
pressure on weekly timeframe perspective. Likely for bearishness to continue till 1.14, then 1.12.
Daily: Price was previously sandwiched between a support and resistance. My initial plan was to stay only on the long side unless support
was breached. However, i had not enter any positions as i wanted to adopt a wait and see approach. True enough, market has
presented us a clear signal to enter the market with a position.
Trade fechado manualmente
Trade closed at breakeven
Aviso legal
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.
Aviso legal
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.