The pair is bearish on W1, D1, H4.
Broke below support at 0.837 twice. Previous break below did not succeed but the bulls had no momentum either.
Broke again today and now pulling back to 0.837.
This time the bears may succeed and provide an opportunity to target 0.8245 area.
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Broke below support at 0.837 twice. Previous break below did not succeed but the bulls had no momentum either.
Broke again today and now pulling back to 0.837.
This time the bears may succeed and provide an opportunity to target 0.8245 area.
If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content. Please comment and share your own thoughts!!
Always use sound money and risk management and stay patient in all your trades.
Trade closed: stop reached
Got stopped out, will look for another opportunity higher up.
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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.