Here is why we are selling.
Trend:
W1: Down
D1: Down
H4: Up but it is overbought
Moving Average:
Within Daily MA
H4 pointing upwards
Pattern:
Bat on M30
Strong resistance at 1.0705
35 pip stop loss.
100 pip target
Lot of divergence on M15
Trend:
W1: Down
D1: Down
H4: Up but it is overbought
Moving Average:
Within Daily MA
H4 pointing upwards
Pattern:
Bat on M30
Strong resistance at 1.0705
35 pip stop loss.
100 pip target
Lot of divergence on M15
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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.
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.