Trade Analysis: Bearish
Risk: 1%
Timeframe: H4
Entry Price: 9.37681
As prices consolidate below the 200-day ema we have a chart structure break down coinciding with negative momentum.
We have initially set up a 2:1 risk reward trade and keep an eye on any news announcements.
Risk: 1%
Timeframe: H4
Entry Price: 9.37681
As prices consolidate below the 200-day ema we have a chart structure break down coinciding with negative momentum.
We have initially set up a 2:1 risk reward trade and keep an eye on any news announcements.
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