This pair is on reversal after hitting a strong resistance.
It is thus likely to drop down. Good candidate to short.
As always ensure your risk management measures are in place.
Risk reward ratio: 2
Wish you all the best !!!
It is thus likely to drop down. Good candidate to short.
As always ensure your risk management measures are in place.
Risk reward ratio: 2
Wish you all the best !!!
Note
Price is testing fibo level 38.2. The price has shown signs of rejecting price at that level. There is big probability that price will continue downwardsOrder cancelled
Trend is likely to change to bullish
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Disclaimer
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.