- The daily chart is in a broader flat range following a downtrend. RSI is overbought. Most recently it has been trading a short term upward trend channel. Price has approached upper channel resistance, as well as trend resistance from the Q2 15 highs. Looking to get short at this confluence of resistance.
- 4H is trading in an upward trend channel. RSI has come out of overbought and the MACD is about to trigger a sell. Sell @ 0.7240 resistance (10 pip stop) or on a break of support @ 0.7155.
- 1H trading in a range. Sell on a break of 0.7155 support.
- 4H is trading in an upward trend channel. RSI has come out of overbought and the MACD is about to trigger a sell. Sell @ 0.7240 resistance (10 pip stop) or on a break of support @ 0.7155.
- 1H trading in a range. Sell on a break of 0.7155 support.
Δεν υπάρχουν σχόλια:
Δημοσίευση σχολίου