On the daily chart(related ideas at the bottom), the market is showing a Bearish Channel. Shorting became great idea for traders who are looking for trend trading opportunities.
On the 1hourly chart, traders can wait for shorting opportunity once the market has retraced back to 1.3741.
Counter-Trend traders can wait for a double bottom trading opportunity when the market touches 1.3672 and not close below 1.3668.
On the 1hourly chart, traders can wait for shorting opportunity once the market has retraced back to 1.3741.
Counter-Trend traders can wait for a double bottom trading opportunity when the market touches 1.3672 and not close below 1.3668.
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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.