A Super Pivot Stack is in place and providing good resistance to a move up. Therefore look for the higher probability direction, which is down.
Go short if the price breaks down through 1.04620 and place a stop loss at 1.06175. The profit target is set at 1.01141 for a good risk reward trade.
Go short if the price breaks down through 1.04620 and place a stop loss at 1.06175. The profit target is set at 1.01141 for a good risk reward trade.
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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.
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.