Day Uptrend correcting
Situation:
Looking at the day chart of CHFEUR we can see, that we are currently in an uptrend (yellow line) which has recently startet its correction (yellow dotted line).
Looking at the 1H chart, we can see that the correction behaves as a downtrend (pink line).
Plan:
We want to SHORT CHFEUR at around 0.8776 (red dashed line) with a SL at around 0.8798 (green dashed line).
We will attempt to trade the downtrend
Day Chart:
DISCLAIMER: I am by no means anything close to a proffessional. The reason, I post ideas, is to document my trades. There may be no value to you. It might be incorrect analysis. But it certainly helps me sorting my thoughts on charts.
Looking at the day chart of CHFEUR we can see, that we are currently in an uptrend (yellow line) which has recently startet its correction (yellow dotted line).
Looking at the 1H chart, we can see that the correction behaves as a downtrend (pink line).
Plan:
We want to SHORT CHFEUR at around 0.8776 (red dashed line) with a SL at around 0.8798 (green dashed line).
We will attempt to trade the downtrend
Day Chart:
DISCLAIMER: I am by no means anything close to a proffessional. The reason, I post ideas, is to document my trades. There may be no value to you. It might be incorrect analysis. But it certainly helps me sorting my thoughts on charts.
Trade aktif
SHORT order is active.Trading ditutup: stop tercapai
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.