Prices are currently stuck between H4 KS and H4 TS.
As shown in the chart, I think we can see more downside pressure the week ahead as long as H4 KS is not broken. Prices are well down below KUMO and we are seeing a resistance on H1 at around 0.85350.
SL at around 0.85650
Entry below 0.85
TP 0.835 /38.20% fib retracement
Watch out carefully any macro event next week!
Trade with care guys
Best,
Jesse
As shown in the chart, I think we can see more downside pressure the week ahead as long as H4 KS is not broken. Prices are well down below KUMO and we are seeing a resistance on H1 at around 0.85350.
SL at around 0.85650
Entry below 0.85
TP 0.835 /38.20% fib retracement
Watch out carefully any macro event next week!
Trade with care guys
Best,
Jesse
Note
Anyone on the trade?
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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.