Pair just hit a two years old resistance. I'm opening a small short position and I will add if price action confirms the rejection: a double top or some other bearish pattern on lower timeframes. SL above the next resistance. This could be the beginning of a bearish triangle if the pair breaks down the 0.94 support. But let's see how it goes first.
Trade active
Let's see how it plays out. I don't think it will break the resistance too soon:Trade closed: target reached
Took same time but it finally hit my TP
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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.