- Fri 20210702 13.00 EURGBP 1h (see AI settings here).
- SMA21 was flat.
- Price was above SMA21.
- At 9.00 hours, the price closed below SMA21.
- At 13.00 hours, sellers who entered short positions below 0.86095 during past 6 hours were stopped out by the bar +1. This bar shot up to the resistance of SMA21. This resistance was also at the +9 orange level.
- A sell short position sent at 0.86075 or above during the next bar could have returned at least 10 pips within 2 hours.
This blog collects historical chart markings of stock, forex and cryptocurrency trading opportunities. The best way to learn trading is to do lots of chart markings every day.
Tuesday, July 6, 2021
20210702 13.00 EURGBP trading.
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