The pair is in a downtrend, Friday’s candle was large (moved 70 pips) and broke below the support zone at 0.6170 with some serious momentum. Price is also well below the 200dma and I am looking for a retracement and indication of a bearish continuation.
The obvious target would be in the 0.5960 region. If this works out as I expect, we are looking at a + 2R trade.
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The obvious target would be in the 0.5960 region. If this works out as I expect, we are looking at a + 2R trade.
If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications.
Always use sound money and risk management in all your trades.
노트
Moving slower than I expected, but it is in the right direction :)I am staying with it for now but stop has been moved to break even. So a no risk trade for me.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.