(1) Following the bullish stochastic, a Buy would have resulted in a loss of about 15-20 pips, of what had been a pullback. (30min chart)(2) An engulfing pattern appeared 2 bars later giving us solid Sell signal along the major trend which if had been held until now, would have netted an 80+ pips profit.
(3) Another Sell was triggered at the second time signal after price broke down the low of a spinning top. A 60+ pips profit if taken, and still on the go.
Immediate support levels are at 0.8980, 0.8950 and 0.8920.
Happy Trading
No comments:
Post a Comment