After the long sideways movement, the price had not able to break down the long upward trendline (which functions as a support since 23rd of December). Furthermore the price movement formed an ascending triangle on H1 time frame.
It is making me uncertain, perhaps I did not see something, when I analyzed the chart?!
As I see, the backtest of the neckline happened.
VálaszTörlésSo I opened a plus short transaction at 0,7624.
After the long sideways movement, the price had not able to break down the long upward trendline (which functions as a support since 23rd of December). Furthermore the price movement formed an ascending triangle on H1 time frame.
VálaszTörlésIt is making me uncertain, perhaps I did not see something, when I analyzed the chart?!
I opened an added short transaction at 0,7626.
VálaszTörlésI closed one of the three transaction.
VálaszTörlésOpened: 0,7624 Closed: 0,7661 Result: -37 pips.
I closed the other two trades as well.
VálaszTörlésOpened: 0,7613 Closed: 0,7635 Result: -22 pips.
Opened: 0,7626 Closed: 0,7634 Result: - 8 pips.