AB=CD is completed at 1.61419
1.61917 - 1.61409 is important resistance zone for price
Looking at lower timeframes ( 4H-1H) watch for price action, such as:
Bearish candlesticks: Bearish Engulfing; Inside Bar or Pinbar
Patterns: Double Top; Range; structure pullback + 618
Take Profits: 1.59458 / 1.58061 / 1.56157
Stop Loss: 1.62300
1.61917 - 1.61409 is important resistance zone for price
Looking at lower timeframes ( 4H-1H) watch for price action, such as:
Bearish candlesticks: Bearish Engulfing; Inside Bar or Pinbar
Patterns: Double Top; Range; structure pullback + 618
Take Profits: 1.59458 / 1.58061 / 1.56157
Stop Loss: 1.62300
Trade active
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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.