Price rejected the downtrend line on April 24th to continue its bearish movement. If you haven't caught this setup, no need to worry as there is always the opportunity to re-enter & catch those pips!
RSI is currently indicating oversold on the 4HR timeframe which should cause a pullback to a recent swap level (support turn to resistance) around 1.6780 by next week & bounce back down towards the major resistance zone around 1.6300 by the end of the week.
Potential Trade :
Sell Limit @ 1.6780
SL : 1.6815
TP 1 : 1.6730
TP 2 : 1.6670
RSI is currently indicating oversold on the 4HR timeframe which should cause a pullback to a recent swap level (support turn to resistance) around 1.6780 by next week & bounce back down towards the major resistance zone around 1.6300 by the end of the week.
Potential Trade :
Sell Limit @ 1.6780
SL : 1.6815
TP 1 : 1.6730
TP 2 : 1.6670
Operación cerrada manualmente
SL Hit at -30 pips.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.