The pair has been unable to move much higher, and considering GANN resistance now 18.3600 area, and a double bottom 18.2500 estimated, and negative stochastic, albeit low, suggest we may see a large move lower. This is purely assumption and believe, and do not take my word for it. However, a tight stop-loss may do the trick and protect in case we are wrong.
Strategy SELL @ 18.2800-18.3100 and place stop-loss above 18.3750 and profit order @ 18.0850.
Strategy SELL @ 18.2800-18.3100 and place stop-loss above 18.3750 and profit order @ 18.0850.
Note
abort strategy and see new update BUY strategy
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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.