The Price broke the weekly uptrend and tested it twice and reverse with a long tailed pin bar. If the Price break and close under the support level of /1.05446/, the selling trade will be active.
Here is the weekly view.
I see that the price can hit the low of /1.01000/ but I won't open a long term trade.
Here is the weekly view.
I see that the price can hit the low of /1.01000/ but I won't open a long term trade.
Note
The trade hasn't been active yet. It is going to be active if the price break and close under /1.05446/Note
I still think that the price is going to fall. Trade active
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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.