We've observed a break in the bullish trend line and a response to the high time frame (HTF) zone, coinciding with the bearish long-term channel.
A short-term bearish channel is clearly visible.
First Entry: Wait for resistance around the weekly pivot. Only enter if the price shows no signs of rise for some candles.
Second Entry: After breaking above 1.076, consider entering around the cluster of daily pivots and within the bearish channel.
A short-term bearish channel is clearly visible.
First Entry: Wait for resistance around the weekly pivot. Only enter if the price shows no signs of rise for some candles.
Second Entry: After breaking above 1.076, consider entering around the cluster of daily pivots and within the bearish channel.
Trade active
Comment:
1st TP:
Trade closed manually:
Remaining positions close at even!