Short continuation is highly possible.
The price has retested it's resistance area and is closed an engulfing day after a spinning top.
Critical Stop loss for a short entry is above 1.3000 level
Price is moving towards the support are which is also a Gartley potential target.
So selling with a target at around 1.1050
Turning to 1 hr chart I will wait for a retracement towards 50 % area of the current swing or in case of a short term support breakout will wait for a return towards a resistance or 50% of the new swing that will appear
Details are at the chart, and all the questions - are welcome!!!
here's a video link: youtu.be/xn0itKkK9qU
The price has retested it's resistance area and is closed an engulfing day after a spinning top.
Critical Stop loss for a short entry is above 1.3000 level
Price is moving towards the support are which is also a Gartley potential target.
So selling with a target at around 1.1050
Turning to 1 hr chart I will wait for a retracement towards 50 % area of the current swing or in case of a short term support breakout will wait for a return towards a resistance or 50% of the new swing that will appear
Details are at the chart, and all the questions - are welcome!!!
here's a video link: youtu.be/xn0itKkK9qU
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.