I didn't personally take this trade and this is a bit hindsighty but still could see a trend reversal. I just noticed that this looks like a possible hold of support or a failure to continue trend. I circled the optimal entry for this long position trade. It could fail to break the resistance it has tested several times now and then fail back down for a lower low. Orange lines are where I would take profits if I had got in at 0.83934. With the Maxx Momentum Indicator showing daily divergence lets see if it can make a move to test highs. (If you're wondering www.tradingview.com/u/MaxxCharts/ created the Maxx Momentum Indicator, one of the best traders publishing charts who periodically streams on www.twitch.tv/markettraderstv) with other VERY good traders, watch the channel to learn to trade better) ***I'm not a member of MarketTradersTV***
Clearly not financial advice.
Clearly not financial advice.
