Short opp for UCAD in H4
Due to last Friday, this pair had significantly broke the trend line/ triangle. It's Time for short for this pair as im bearish biased now.
Reasons:
1. Break of triangle/trendline. Am expecting the price to retest my fibo level 23.6%/trendline and drop further.
2. Price just closed below EMA 21. Daily and weekly TF still showing a very strong bearish signal.
3. Candlesticks are showing bearish, price rejection on the upper blue rectangle resistance.
Reasons:
1. Break of triangle/trendline. Am expecting the price to retest my fibo level 23.6%/trendline and drop further.
2. Price just closed below EMA 21. Daily and weekly TF still showing a very strong bearish signal.
3. Candlesticks are showing bearish, price rejection on the upper blue rectangle resistance.
Zlecenie zamknięto ręcznie
Sell limit was hit and instant sell was also executed. One in losses of -14pips but another with a +14pips. In the end, neutral for this trade. Closed the trade as now bullish is biased. :D
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