We have these indicators for SELL opportunity:
- Reflection from the Upper trend line
- Low volume to continue the current direction
- Return OR re-test to Year + 6M + 3M + 1M high area (min. for TP1)
- Return to the Lower Trend line
We define 3 goals:
TP 1 = 80 pips
TP 2 = 200 pips
TP 3 = 400 pips
- Reflection from the Upper trend line
- Low volume to continue the current direction
- Return OR re-test to Year + 6M + 3M + 1M high area (min. for TP1)
- Return to the Lower Trend line
We define 3 goals:
TP 1 = 80 pips
TP 2 = 200 pips
TP 3 = 400 pips
In this case: 2nd trade: 156.484
Close: 154.484