The price has recently breached the crucial daily support level of 1.26229, signaling a break in the bullish structure. Following this breakdown, there was a subsequent pullback in the price action, with a retest occurring around the resistance area of interest. This retracement was marked by a bearish engulfing candlestick, serving as a confirmation for my entry into the market.
It's essential to emphasize that today is a fundamental day, introducing an additional layer of complexity to the market dynamics. In light of this, a cautious approach is warranted, and low-risk strategies are advised to mitigate potential losses. This is particularly important to safeguard against adverse price movements that may be influenced by today's fundamental factors, ensuring prudent risk management amid the bearish bias in play.
It's essential to emphasize that today is a fundamental day, introducing an additional layer of complexity to the market dynamics. In light of this, a cautious approach is warranted, and low-risk strategies are advised to mitigate potential losses. This is particularly important to safeguard against adverse price movements that may be influenced by today's fundamental factors, ensuring prudent risk management amid the bearish bias in play.
FREE TELEGRAM
bit.ly/342slNF
#1Regulated broker Vantage 100% bonus link shorturl.at/lB3iN
YOUTUBE CHANNEL
bit.ly/3GmqN1E
bit.ly/342slNF
#1Regulated broker Vantage 100% bonus link shorturl.at/lB3iN
YOUTUBE CHANNEL
bit.ly/3GmqN1E
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.
FREE TELEGRAM
bit.ly/342slNF
#1Regulated broker Vantage 100% bonus link shorturl.at/lB3iN
YOUTUBE CHANNEL
bit.ly/3GmqN1E
bit.ly/342slNF
#1Regulated broker Vantage 100% bonus link shorturl.at/lB3iN
YOUTUBE CHANNEL
bit.ly/3GmqN1E
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.