Hello , I see a Perfect setup from my point of view to go short on this pair ..
here you can see the weekly time fram , A rejection of a key trend line :
here in the Daily time frame you can see a double top rejection of a resistance level :
and in the 4h time frame you can see a downtrend , rejection of the 50 and 14 EMA's and a rejection of a pivot point :
for entry look in the 1h time frame or lower ,, or you can go with the 4 hour time frame
remember to use at max 3% risk per trade
your stop lose could be above the 50,14 EMA's and the pivot point .
here you can see the weekly time fram , A rejection of a key trend line :
here in the Daily time frame you can see a double top rejection of a resistance level :
and in the 4h time frame you can see a downtrend , rejection of the 50 and 14 EMA's and a rejection of a pivot point :
for entry look in the 1h time frame or lower ,, or you can go with the 4 hour time frame
remember to use at max 3% risk per trade
your stop lose could be above the 50,14 EMA's and the pivot point .
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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.