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hey traders,
since 11th of April this pair is strongly bullish.
after a decent bullish impulse, breaking multiple levels of resistance,
the market has finally reached a recent market high 112.0
with RSI being overbought with an evident divergence,
I am looking for a short trade.
we need to let the market correct itself before it can continue further.
your targets for short are 111.75
and 111.50
stop above the top!
good luck!
Note
still in sidemoveNote
Retest of supportNote
Market still consolidates
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.