On this pair, we have a price that is consolidating between 2000 and 2020. My analysis suggests a short entry at the level of 2015.50, where we have a supply zone with a Point of Interest (POI) confirmed by 3 spikes and a descending trendline in which the price could make the third touch before descending towards the target of a 1:2 risk-reward ratio at 2000.
Let me know what you think.
Happy trading to everyone.
Forex48 Trading Academy
Let me know what you think.
Happy trading to everyone.
Forex48 Trading Academy
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
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.
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
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.