On Friday we saw price drop to the previous lows at 1,0767.
From there we could expect a possible pullback and another drop to break below those lows.
This is one way to enter short trades on rejection of the zone.
It's probably the better option as it will give you a good risk to reward ratio.
The other way to enter a trade here would be to wait for break and retest of current support.
On both scenarios we're expecting to see price reaching 1,0673.
This week, we want to get into a short trade once we have a clear signal.
From there we could expect a possible pullback and another drop to break below those lows.
This is one way to enter short trades on rejection of the zone.
It's probably the better option as it will give you a good risk to reward ratio.
The other way to enter a trade here would be to wait for break and retest of current support.
On both scenarios we're expecting to see price reaching 1,0673.
This week, we want to get into a short trade once we have a clear signal.
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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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.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
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.