H1 / H4 sell position at price 25680 /25700.
Take profit at 25200 / Stop Loss at 25775
Last week was a bad week for the US Dollar. The currency shows weakness after several china-us trade war news, US company loses and US Home Sales below expectations among other bad News Releases.
I expect a big downside momentum after taping on the 25700 / 25675 zone resistance.
Technical analysis showing FIB 61%, MA 100 & 200 tap, Bollinger Bands overbought zone, RSI approaching 70% and downside trendline touch between 25675 / 25725 zone.
The downtrend momentum should be strong enough to break 25300 and retest, setting Take Profit at 25200 massive resistance tap.
Take profit at 25200 / Stop Loss at 25775
Last week was a bad week for the US Dollar. The currency shows weakness after several china-us trade war news, US company loses and US Home Sales below expectations among other bad News Releases.
I expect a big downside momentum after taping on the 25700 / 25675 zone resistance.
Technical analysis showing FIB 61%, MA 100 & 200 tap, Bollinger Bands overbought zone, RSI approaching 70% and downside trendline touch between 25675 / 25725 zone.
The downtrend momentum should be strong enough to break 25300 and retest, setting Take Profit at 25200 massive resistance tap.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.