Price breaking key 80.00 level. Which was a strong support level a few years ago.
Huge downwards trend. Target 75.005 where price may bounce at this secondary key level.
Huge downwards trend. Target 75.005 where price may bounce at this secondary key level.
Note
Moving SL to 82.005. This is above the last lower high. A few announcements coming up on these pairs, so looking for some breathing room for the SL.
I still believe that the long term down trend isn't over.
Trade closed: stop reached
Was off the mark on this one. On to the next trade.
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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.