Right now we don't have any trading opportunities on the major pairs.
That's when we look at the cross pairs instead.
Here we have a nice downtrend which successfully breaks below previous lows.
Now on another breakout and retest we expect to see another downside move.
The first support level here is 1,2600 followed by 1,2570.
Choose the lower target, but follow the progress of price action.
That's when we look at the cross pairs instead.
Here we have a nice downtrend which successfully breaks below previous lows.
Now on another breakout and retest we expect to see another downside move.
The first support level here is 1,2600 followed by 1,2570.
Choose the lower target, but follow the progress of price action.
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✅ 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.