Price has hit the minimum expectation zone between 1.5546 to 1.5724 area, forming a diagonal structure with divergence formed on the RSI.
These provide us with a good conviction to look for a short trade targeting 1.5250 area, giving us a total of 300 pips potential.
Disclaimer - this is not a trade call. Make sure you understand the risk before trading.
These provide us with a good conviction to look for a short trade targeting 1.5250 area, giving us a total of 300 pips potential.
Disclaimer - this is not a trade call. Make sure you understand the risk before trading.
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.
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.