Short confirmed after break of uptrend line & retest with a pin bar to resistance. Waiting for a break of 0.78000 support to enter as well for extra confirmation.
Trade safe!
Trade safe!
Note
Taking it short here actually, price rejecting 61.8 level & spinning top to resistance on the 4 hour.Note
stop loss 60 pipsNote
extended my take profit to weekly uptrend line, now that price has reversed trends I believe lower lows & lower highs will form, a close under 0.76000 will be a great sign that more downside will comeNote
Guys if you haven't already check the monthly candle closes to each pair.. Here you can see a pin bar to key resistance level. Strong confirmation that more potential downside is to come! :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.