Potential bearish play
Bearish divergence on RSI, waiting for a confirmation (right on support for now).
Wedge pattern type & banged against trendline @0.7710.
Once confirmed target min at 0.7605.
Wedge pattern type & banged against trendline @0.7710.
Once confirmed target min at 0.7605.
Trade active
Sell 0.7640/50, stop 0.7675, target 1 0.7605 target 2 0.7575Trade closed: target reached
Traget 1 reached overnight. For those still in, stop 0.7650 to play target 2 at 0.7575
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.
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.