I want to see a break below the last low around 1.0655, then a pullback and sell. Pair reached a strong Daily resistance along with divergence which means we should be looking for sell opportunities only.
Stop loss should be placed above last high. Target 1- 1.0585, Target 2 – until opposite divergence occurs or 1.0485.
Stop loss should be placed above last high. Target 1- 1.0585, Target 2 – until opposite divergence occurs or 1.0485.
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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.