Even though this pair is above all major levels and probably will continue higher, now should be a good time to sell.
We have these indicators for SELL opportunity:
- Reflection from the top of the parallel channel
- Resistance from previous peak (2020)
- Low volume to continue the current direction
- Potential for retest: Year high + 6M high + 3M high + 1M high
We define 3 goals:
TP 1 = 80 pips
TP 2 = 200 pips
TP 3 = 400 pips
We have these indicators for SELL opportunity:
- Reflection from the top of the parallel channel
- Resistance from previous peak (2020)
- Low volume to continue the current direction
- Potential for retest: Year high + 6M high + 3M high + 1M high
We define 3 goals:
TP 1 = 80 pips
TP 2 = 200 pips
TP 3 = 400 pips
Trade active
TP 1 + 2 REACHED 😊
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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.