Hey traders, as seen on the chart price has formed a very bearish pinbar on the daily.
Price also rejected the top of the trend line I have drawn.
Since this is a counter trend trade we are targeting conservative areas.
Risk to reward of 1.5.
Simple price action and technical analysis.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: instagram.com/jaylen.forex/
Website: forexshinobi.com
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ForexShinobi
Price also rejected the top of the trend line I have drawn.
Since this is a counter trend trade we are targeting conservative areas.
Risk to reward of 1.5.
Simple price action and technical analysis.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: instagram.com/jaylen.forex/
Website: forexshinobi.com
Tiktok: Forexshinobi
ForexShinobi
Note
Price has started to move down. Let's get it!
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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.