Taking a look at the daily timeframe, this pair seems to be losing bullish momentum. Oscillators are also confirming.
With that said, I plotted out a 1:2 Risk to Reward Setup with Stop Loss above the most recent high back in last May.
That's it - That's all
Trade Safe
With that said, I plotted out a 1:2 Risk to Reward Setup with Stop Loss above the most recent high back in last May.
That's it - That's all
Trade Safe
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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.