-Very decent sell opportunity on the retracement of the demand turned supply level.
-There is also another confluence with the 38.2% fib level which indicates price could potentially retrace from that significant level.
-Another confluence is the 50EMA which is above price which suggests short signals.
-We could also see on the daily chart that there is a descending channel which shows that there is strong bearish momentum for this pair.
-Another possibility could be that price could breakout the 0.94254 support level and set profit targets at 0.93620 and 0.93709.
-It is very important to always look for strong bearish candle confirmation to enter this trade.
-Also make sure to have a good risk to reward as i would recommended 1:2 or higher.
Make sure to like, follow and comment your opinion/ideas for this pair and watch how price reacts over the coming days!
-There is also another confluence with the 38.2% fib level which indicates price could potentially retrace from that significant level.
-Another confluence is the 50EMA which is above price which suggests short signals.
-We could also see on the daily chart that there is a descending channel which shows that there is strong bearish momentum for this pair.
-Another possibility could be that price could breakout the 0.94254 support level and set profit targets at 0.93620 and 0.93709.
-It is very important to always look for strong bearish candle confirmation to enter this trade.
-Also make sure to have a good risk to reward as i would recommended 1:2 or higher.
Make sure to like, follow and comment your opinion/ideas for this pair and watch how price reacts over the coming days!
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.