This setup base on the related idea as link in the related section.
[ Setup Configuration :: SHORT ] [ ENTRY @ 1.52000 ] This number come from Minor support/resistance. as show in the chart. Where the monthly trend still very strong and it expecting to be break in this following week.
[ STOP @ 1.54000 ] This number come from the spike created by the NFP last week. as point by RED box with an extra pip. (If the price break above this 1.5400 just give up hope and exit)
[Target A @ 1.40000 , Target B @ 1.10000 ] This number come for the last support and resistance. (Check related idea for detail), for the "Target B" it come from price projection of the downtrend. Where, it should creating a new LOWER-LOW.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.