Sell below 1.1835. Stop loss at 1.1887. Take profit at 1.1672. Reason for the trading strategy (technically): Price is approaching major resistance at 1.1835 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension, bearish divergence) and we expect to see a strong reaction off this level to push price down to at least 1.1672 support (Fibonacci extension, horizontal swing low support). Stochastic (34,3,1) is seeing major resistance at 95% along with bearish divergence vs price signalling that a reversal is impending.
コメント
I'd say we adjust our position to like this. Re-enter now and look to close off slightly earlier :