On the daily TF, we have seen multiple long wick rejection, rejecting 112.023 area. In confluence, we have seen our previous day candle closed as a rejection fron
1) 200 EMA
2) 112.025 Area
On the 4hr, we have seen a selling pressure which indicates, sellers taking over the market. We anticipate a downard move on this pair.
I will favour a little push to to 11.700 area and sell on price action signal
Trade alongside your analysis guys
1) 200 EMA
2) 112.025 Area
On the 4hr, we have seen a selling pressure which indicates, sellers taking over the market. We anticipate a downard move on this pair.
I will favour a little push to to 11.700 area and sell on price action signal
Trade alongside your analysis guys
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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.