Trading plan
After breakout of the range at the end of May, trend is clearly bearish. Fundamentals speak about selling bias too (Fed's Bostic comments, hints about more stimulus, partial lockdown reversals in the US).
Bullish pullback has been completed completed in unusual double-top pattern which played as a trend continuation pattern (yes it happens sometimes).
SELL from 96.50 zone with target at June 10 bottom.
Stop Loss: 96.80. R/R: 1:3
Press like if you support this idea!
After breakout of the range at the end of May, trend is clearly bearish. Fundamentals speak about selling bias too (Fed's Bostic comments, hints about more stimulus, partial lockdown reversals in the US).
Bullish pullback has been completed completed in unusual double-top pattern which played as a trend continuation pattern (yes it happens sometimes).
SELL from 96.50 zone with target at June 10 bottom.
Stop Loss: 96.80. R/R: 1:3
Press like if you support this idea!
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.