Day Uptrend correcting

تم تحديثه
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:
لقطة

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.

تم فتح الصفقة
SHORT order is active.
لقطة
أغلقت الصفقة: تم الوصول لوقف الخسارة
Trend Analysis

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