1.50 is a rock solid level, this is breaking or bouncing and we have great set ups either direction. On the buy side we have a textbook head and shoulders pattern with price projection up at 1.5260, that's 260 pips of profit! We have a major rejection candle on the 4h chart at 1.50 so be ready for some trouble at this level and even a bounce down to the lower missed weekly pivot.
Jared Johnson
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Jared Johnson
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.